⁉️Long-term investors have begun selling off BTC (CryptoQuant). Historically, this has been a fairly accurate metric predicting market cycles. It currently signals a transition from accumulation to distribution, but the pace is still quite modest for now.
This means that the strongest market players are waiting for higher prices. $120,000 for one Bitcoin is clearly not acceptable to them, and this is a very encouraging signal 🔥
What will the peak be for BTC?
🔥 - 120000
🤝 - 130000
❤️ - 140000
👍 - 150000
👀 - >150000
