#BTC走势分析 Share some on-chain data, the supply of long-term holders has not yet reached a peak plateau. Based on the analysis of the previous peaks, generally, when the values reach the top, they will plateau for a period of time. After the plateau, it usually takes 1-2 months for Bitcoin to start trending downwards, as it takes time for large holders to offload their positions.
I still maintain my previous viewpoint. Current signs and indicators suggest that we are still in an upward trend. The current position of 110,000 is not the peak of this round; the peak is still expected to be between 150,000 and 200,000. Bitcoin has increased by nearly 50% from early April to now, with hardly any significant pullback. The rally from September to November last year also saw a 40% increase over nearly 2 months, with one significant pullback in between. I believe these two situations are similar and represent a continuation of the upward trend.
The return performance of the second quarter of #BTC in history, with a historical return rate of 27%. I estimate that the returns in June will still be good, September will be quite tumultuous, and then there will be a final sprint at the end of the year.
After the rapid decline of the exchange's Bitcoin inventory, the chips representing retail investors were quickly bought up, and the market will eventually welcome a significant rise. #circle saw a substantial increase, with the injection of stablecoins, and it is increasingly evident that more and more publicly traded companies around the world are treating Bitcoin as a strategic reserve.