$BTC In November, Long-Term Holders (LTHs) are experiencing a dramatic shift in their profit-to-loss ratio, primarily because almost all of their held Bitcoin is now in a profitable position. This indicates a strong market sentiment where nearly all LTH-held Bitcoin has appreciated in value. Historically, such periods of euphoria can persist for several months, provided there is continuous and significant new demand entering the market. The current scenario suggests a robust and optimistic Bitcoin market dynamic.

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