Bitcoin Bull Market Phase 23-25 ​​It Might Be Near 😏

The index at the top of the image is the price of $BTC ; the index at the bottom is the ratio of the amount of BTC that long-term holders on-chain have held, in which BTC that has not been moved for more than 7 years are considered dormant or lost and will not be counted.

Note: Long-term BTC held on-chain are BTC that have not been moved for more than 155 days (from the last move on-chain).