Bitcoin investors who jumped in during 2020 or later are still holding out for higher prices, according to Glassnode's recent analysis. Despite Bitcoin's price fluctuations, many from this group, who bought in at prices between $3,600 and $69,000, continue to hold their assets. Glassnode's data shows that while some have sold, the majority remain steadfast. Meanwhile, short-term holders have been more reactive to price changes, but their share of Bitcoin's wealth is lower than in previous cycles, indicating a more balanced market. As always, investing carries risks, so do your homework before diving in.