Despite A 47% Price Drop, Bitcoin Traders Aren't Selling

"A survey by Oobit of 1,006 American Bitcoin holders and sentiment analysis of 117,630 posts across 10 major crypto subreddits reveals that fear did not translate into widespread selling. Anxiety and hope dominated emotional responses, with 39% of holders reporting anxiety and 38% hope. Despite the turbulence, 69% of respondents had neither sold their holdings nor planned to, demonstrating what the community often calls "diamond hands.""

"Among anxious holders, 72% still intended to hold, and 64% of fearful holders expressed the same. Overall, 75% would maintain their positions even if prices continued to fall. The survey indicates that fear and hope often coexist: 86% of respondents reported experiencing both emotions while holding their Bitcoin, according to the survey."

"Investors are also anticipating a recovery. Two-thirds of holders (66%) expect Bitcoin to reach a new all-time high, with the median 12-month price forecast at $75,000. Expectations varied across demographics: Gen Z participants were most bullish at 70%, compared with 60% of baby boomers. High-income holders ($100,000+) predicted a median price of $80,000."

Bitcoin experienced a significant 46% market correction in early 2026, dropping from $126,000 to below $61,000 and erasing over $1 trillion in market value. A survey of 1,006 American Bitcoin holders and analysis of 117,630 social media posts revealed that despite widespread anxiety (39%) and coexisting hope (38%), most holders demonstrated resilience. Approximately 69% neither sold nor planned to sell their holdings, with only 8% classified as panic sellers. Even among anxious and fearful holders, 72% and 64% respectively maintained their positions. Two-thirds of holders expect Bitcoin to reach new all-time highs within 12 months, with a median price forecast of $75,000. Approximately 25% of holders capitalized on the downturn by purchasing Bitcoin, particularly younger and higher-income investors. Reddit sentiment analysis showed positive sentiment outweighing negative sentiment nearly 2-to-1.

Read at Bitcoin Magazine