🔹 Recently, there has always been fear driven by the news of long-term profit-takers selling, as giant whales generally take profits after about a 30% pullback.
However, based on the profitability of long-term holders and the pullback of U.S. stocks in relation to Bitcoin, we have reached a conclusion that there may still be another round of acceleration ⬇️
🔹 According to the long-term holders seeking and the Bitcoin price chart, it can be seen
Before the peak price, long-term holders had completed a large amount of selling.
But from another perspective, after completing the maximum amount of selling, the price still needs to accelerate upwards; in the final period of a bull market, the curve will be very steep.
🔹 This round of the bull market is driven by large institutions buying in
According to the ETF weekly inflow situation, each wave of small bulls generally has a large inflow of 7-8 weeks, currently there are six weeks.
🔹 According to Bravo's research on the behavior model of long-term holders
Bitcoin's return has shown huge deviations
Once at the beginning of 2023 and once at the end of 2020, both were excellent buying opportunities. After these two signals, Bitcoin's average price surged significantly.
Very likely to catch up
🤩
