On-chain data on glassnode shows:
Shocking bitcoin supply on centralized exchange, less and fewer bitcoins are stored and traded on CEX exchange.
The number of holders from 1-10 BTC has increased a lot (orange line) in the past 2 weeks.
The market has endured more than 4 months of decline, are we preparing for a new bullish season?
thank you for providing important information about Bitcoin, if it is true that the Glassnode indicator is correct,
and Bitcoin will experience a Pump again, it seems sideways this time it is a good thing to buy some Bitcoin to hold, I often read on glassnode, but not all of them can read,
and I am very lucky to have this information, technically analysis Bitcoin has also broken out of $40000, and there is an opportunity to go up and return to $50000, hopefully