🤖 Long-Term Holders Build the Base $BTC
💰#Bitcoin ’s Realized Cap for long-term holders has now exceeded $56 billion, a level that reflects increasing conviction. Coins older than 155 days are moving into inactive wallets, suggesting holders aren’t looking to sell into the recent rally. Historically, this type of accumulation signals early stages of long-term bull trends, forming a strong foundation beneath BTC’s price. 💸
🤖 Moreover, Bitcoin’s 30-day volatility dropped to 21.68%, the lowest in weeks. While low volatility may seem dull, such periods often precede explosive price moves. Combined with strong LTH buying and bullish short-term signals, it may set the stage for an upward breakout.💰
🤖 Coin Days Destroyed: A Minor Blip?🔍
While Coin Days Destroyed (CDD) rose slightly, up 3.83% to 291.4k, indicating some older coins moved to exchanges, analysts say the shift is minor. Rather than a sell-off, this could reflect normal rebalancing. Overall, bullish metrics continue to outweigh bearish signals.💰
🤖Short Squeeze Possible?🔍
🎓 Data reveals that over 60% of Binance traders are shorting BTC. With such a crowded short trade, a price move higher could trigger a short squeeze, adding fuel to $BTC ’s rally.
🤖Altogether, strong buyer activity, long-term holder confidence, and low volatility suggest Bitcoin may be primed for its next big move upward.🎓🎓
