Bitcoin's long -term owners join the action by shifting the upgraded rally in the middle of the sleeping BTC
The wider crypto market seems to be witnessing a Bitcoin-Bullish Action, as the largest digital asset rises along the $ 103,000 price mark. Bitcoin's updated lease has encouraged optimism among the main participants in the market, as shown by the movements of the old coins of long -term owners.
Old Bitcoin from long -term owners on the move
After Bitcoin's significant bullish gear is on the data platform in the chain Alfractal emphasized Positive behavior of long -term BTC owners. Given the increase in BTC, these long -term investors will start moving their old or standing coins after several months of inactivity.
Related Reading: Bitcoin New Retail: Long -term BTC owners continue to buy
According to the chain platform data, this behavior often shows the most attitude change experienced market participantsTo. This small but noticeable increase in activity among wallets that has been holding bitcoin for many years, means that some experienced investors may take advantage of the recent rise.
As developments come in the middle of the growth of the price of BTC, it also raises the question of whether long -term owners Weighing profits or waiting for a greater market album. However, the recovery of old BTC may be a supporting catalyst for the current rally at the current all -time high.
In addition to falling asleep BTC, the platform has highlighted a network risk improvement, which has decreased significantly in the current rally. Alfractal showed a decreased risk after investigation Bitcoin reserve Risk indicators referring to potential opportunities.
Reserve risk is a powerful combination of metrics to assess whether bitcoin is a territory based on over -saturation or crossed territory BTC owners'Behavior. It is important to note that the risk of reserves consist of two different aspects. These include VOCD and MVOCDD indicators that calculate the speed of the destruction of the coin, reflecting the activity of the holder.
Specifically, the MVOCDD indicator acts as a top signal, reporting the traders when the market is near the turning. In general, alphractal noted that the behavior of long -term owners and low network risk continues to support the long -term outlook.
Persistent accumulation pushes BTC realized to new heights
Long -term and short -term owners have accumulated after BTC started its trend a few weeks ago. As a result, Bitcoin is realized on the cap growth The new all -time in the third week in a row, reaching $ 890.74 billion.
Development refers to this long -term and Short -term owners They become more confident and secure its participation as the market begins to recover. The price of the BTC can rise significantly due to this trend, especially if investment volumes continue.
In addition to the realized CAP moving to a new peak, the growth of the invested capital represents the growth and reflects a strong conviction in Bitcoin's long -term potential as financial assets. In the event of a permanent accumulation of long -term and short -term owners, the market seems to be a solid foundation Big rallyBy suggesting a new bitcoin bull cycle in the early stages.
Highlighted Picture from Pixabay, Schedule from TradingView.com
Editorial For bitcoinists, the focus of the provision of precise and impartial content has been focused. We support strict procurement standards and each page passes a careful overview of our top technology experts and experienced editors. This process ensures the integrity, relevance and value of the content of our readers.
