📊 #BTC | Alphractal:
📌 Long-term Bitcoin holders have started to move their coins again on the blockchain, which is a historical signal of approaching advanced stages of the cycle.
💡 However, despite this, #Bitcoin is still trading above most on-chain cost models, which also happened in 2017 and 2021… it continued to rise despite the movements, until reaching the peak of market euphoria.
📅 With potential volatility ahead, the market still offers us an opportunity for a few more months to come.
