Coin World reported:
New short-term investors may be the next catalyst for Bitcoin’s anticipated breakthrough. According to data from CryptoQuant, UTXOs (Unspent Transaction Outputs) of less than 6 months have stopped declining and are now in a parallel state, with only about 8% of investors without funds. Historical data shows that once the decline in UTXOs of less than 6 months stops, Bitcoin will experience a significant increase.
BTC is showing signs of an imminent breakthrough. Data shows that as asset prices approach historical highs, the market needs new short-term investors 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.
“Referring to past cycles, when the decrease in UTXOs within six months ceases and experiences a significant increase, the price of Bitcoin undergoes a substantial surge.”
@Avocado
