During the last 3 major rallies, long-term holders (LTH) consistently built their positions before strong upward moves.

The first was around $28K, where a rising LTH share vs. short-term holders (STH) over 1–2 months set the stage for a breakout to $60K.

The second came at $60K, with similar accumulation during consolidation leading to a move up to $100K.

Now, at the $100K level, we’re once again seeing sustained growth in the LTH/STH ratio.

This phase could last 4–8 weeks, and based on previous cycles, it may trigger another powerful breakout with the next #Bitcoin rally target in the $160K range. 🚀