On-chain data shows that Bitcoin is about to surge
CryptoQuant data shows that the 30-day change in the supply of Bitcoin's short-term holders (STH) has fallen to the lowest point since 2012. And basically all of this supply has flowed into the hands of long-term holders (LTH). This shows that Bitcoin's floating supply has been exhausted and the market has completed preparations for a surge.
From the perspective of the market development stage and market supply and demand conditions, the current situation is similar to the situation before the last surge of Bitcoin in September 2013 and July 2021. The surge is coming!
