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LTH/STH Dominance Ratio #bitcoin hits 30-month high
This indicator shows how much of #BTC supply is concentrated among long-term holders versus short-term holders.
Extreme positive peaks typically do not occur at the peak euphoria, but rather during re-accumulation phase.
Cycle tops occurred when the indicator began to fall from an extreme โ not when it reached a new high.
Therefore, it is worth noting this positive trend, with LTHs rapidly accumulating any available supply while the price is about 50% below its last all-time high.
#Onchain #CYCLE #LongTermHolders $BTC
This indicator shows how much of #BTC supply is concentrated among long-term holders versus short-term holders.
Extreme positive peaks typically do not occur at the peak euphoria, but rather during re-accumulation phase.
Cycle tops occurred when the indicator began to fall from an extreme โ not when it reached a new high.
Therefore, it is worth noting this positive trend, with LTHs rapidly accumulating any available supply while the price is about 50% below its last all-time high.
#Onchain #CYCLE #LongTermHolders $BTC