Bitcoin records a new historical peak at ~$111,900, and there is a strong possibility that these increases will continue throughout the rest of the week.

📊 One strong indicator that we are in a bullish cycle is the decrease in the average age of dollars held in the Bitcoin network, meaning that new coin holders are making up a larger percentage of the market.

Since April 16, this average has decreased from 441 days to 429 days.

This means that old whales have started to reintroduce coins into the market, increasing the "youth of the network," which is a strong signal for the continuation of the upward momentum in this cycle.

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