๐ CryptoQuant: $BTC Bull Market May Still Be in Its Early Stages
CryptoQuant analysts believe the current crypto bull market may still have significant room to develop. They highlight a key historical indicator that has yet to emerge: a rise followed by a decline in the proportion of Bitcoin held for more than 18 months.
This pattern has historically appeared before major price rallies, suggesting that the market may not yet have reached the later stages of the bull cycle. ๐
CryptoQuant analysts believe the current crypto bull market may still have significant room to develop. They highlight a key historical indicator that has yet to emerge: a rise followed by a decline in the proportion of Bitcoin held for more than 18 months.
This pattern has historically appeared before major price rallies, suggesting that the market may not yet have reached the later stages of the bull cycle. ๐