Bitcoin and other altcoins have recovered in price before Christmas. Bitcoin price has rebounded to $99,000, and the continued fomo sentiment of retail investors is expected to push its price to $100,000. From the on-chain data analysis, the number of Bitcoin wallets by size:
0-0.1 BTC wallets: 50.17 million
0.1-10 BTC wallets: 4.31 million
10-1,000 BTC wallets: 150,130
1,000+ BTC wallets: 2,050
Especially the latter two sets of data, as long as they increase in number and keep pace with the growth in holdings, the bull market is likely to continue and the alt season will arrive, just like the entire 2021 bull market.
