📊 $BTC Alphractal :

Long-term holders (LTHs) have started moving BTC on the Blockchain – a sign that the market is entering the mid-cycle phase.

However, the price of Bitcoin is still above key on-chain valuation models such as:

🟡 Realized Price

🔵 Adjusted Cost Basis

🔴 Delta Price

⏳ In previous cycles like 2017 and 2021, BTC continued to surge strongly even though long-term holders had started distributing, and only peaked when the market fell into a state of extreme FOMO 🤯.

🚨 Although the possibility of upcoming volatility exists, the market is still opening up opportunities in the coming months for both new investors and mid-term holders

#Bitcoin #CryptoMarket #OnChainAnalysis #BTCUpdate #LongTermHolders #BullishMomentum #CryptoVietnam #CryptoInsights 🚀