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cointelegraph 6 days ago

Bitcoin price analysis sees ‘strong rally’ as old coins become dormant

Bitcoin price analysis sees ‘strong rally’ as old coins become dormant

A decline in the share of Bitcoin’s realized cap held by coins unmoved for 18 months or longer points to the ‘early stages’ of a bull market, analysis says.

Bitcoin (BTC) onchain transaction data is hinting at the start of a new uptrend as long-term holders retreat from selling.


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Source: Source: Cointelegraph