CoinWorld reported:
New short-term investors may be the next catalyst for Bitcoin’s expected breakthrough. According to CryptoQuant data, UTXOs under 6 months old have stopped declining and are now in a parallel state, with only about 8% of investors without funds. Historical data suggests that once UTXOs under 6 months old stop declining, Bitcoin will experience a significant surge.
BTC is showing signs of an imminent breakthrough. Data shows that as asset prices approach historical highs, new short-term investors are needed in the market to initiate a rebound to new highs.
New short-term investors may drive the next breakthrough for Bitcoin.
New investors hold the key to Bitcoin’s next major breakthrough.
“Based on past cycles, when the decrease in UTXOs under 6 months old stops and significant surges occur, the price of Bitcoin experiences a sharp increase.”
@Avocado