⚡️After March 2024, the number of long-term Bitcoin holders began to decrease at a rate that had not been seen since 2021. However, this does not mean an approximation of the top of the cycle. Such powerful movements in the market often reduce the share of long-term holders in the middle of the cycle. Stocks of long-term holders are starting to grow again, as it was before every bull market in the history of Bitcoin. They probably expect more favorable prices.

This situation is typical for powerful movements in the middle of the market cycle. Historically, the increase in stocks of long-term holders precedes the bull market. This may indicate a future increase in Bitcoin prices.