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Bitcoin

The data indicates the series

The latest increase in Bitcoin has sparked renewed excitement through the encryption space.

Since the cryptocurrency is near its recently appointed height, new data indicates changes in the behavior of the bitcoin owner and a strong possibility to make more gains throughout the week.

Bitcoin enter the “unprecedented” bull stage

According to the last Santime tweetIt is an important indication of the chain that supports this upscale momentum is the decrease in the average life of the dollar from Bitcoin, which reflects the average age of a younger coin. This trend has historically consistent with the main bulls.

Over the past five years, there have been three main runs, and Santem found that each of them had accompanied a noticeable decrease in the average age of BTC. Since April 16, this scale has decreased from 441 days to 429 days, indicating that the long whales that began to move their property.

Since these old currencies belong to the active blood circulation, they strengthen the narration that the market is in the “unprecedented” bull stage. In fact, this stage can be one of the most important in the history of Bitcoin.

More support for this, Glassnode’s analysis She revealed that despite ATH Bitcoin, the achieved profit volume was only one billion dollars, less than half a $ 2.10 billion seen when Bitcoin crossed $ 100,000 in December 2024.

Bitcoin spends its size in profit by age
Bitcoin spends its size in profit by age

Bitcoin climbs the ranks of global origins

The currency currency distribution shows that the short -term traders dominate the activity, as the 1 -month -old BTC increased to 76.9 % of 44.6 %, while the 6 -month -old assets decreased to 13.4 % of 24.7 %. This indicates that long -term holders are widely refraining from distributing metal currencies at the current levels, which indicates the strongest condemnation and reduction of speculative behavior.

The latest Cryptorank data highlighted the increasing total association. Bitcoin price movements increasingly reflect trends in the global M2 money show. Now the fifth largest assets by market value, Bitcoin appears to follow the wider liquidity patterns closely.

Global money offer/BTC price
Global money offer/BTC price

The graph includes a 10 -week projection forward for the M2, which is a historically leading indicator of the encrypted currency. This indicates that the changes in global liquidity precede the transformations in the price of bitcoin. With the current M2 expectations that indicate continuous growth, data indicates a possible rise to the encrypted currency in the short term.

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