The chart below illustrates the total supply of #Bitcoin that has been active for more than one year. Currently, this metric stands at 70%, indicating that approximately 13.7 million BTC are being HODLed by investors.
Furthermore, the chart reveals periodic fluctuations between high holding levels and sell-offs.
We can see that right now, investors continue to accumulate Bitcoin. Once we observe large profit-taking (would be indicated by a drop on the orange line), I anticipate that the price will surge to a new ATH.#Write2Earn #BTC #Hold2Earn