🚀 Bitcoin Bounces Back! 🚀

Bitcoin's recent rally to $66,000 marks a new high since its March peak of $73,835. Despite a dip below $60,000, Glassnode's onchain metrics hint at a potential "phase shift."

🔍 Key Insights:

- BTC surged 26.5% from $52,550 to $66,508.

- Similar recovery patterns to 2015-16 and 2019-20 cycles.

- Long-term holders (LTH) are increasing their positions, a bullish sign.

- Short-term holders (STH) see improved profitability, with 62% in profit.

Is Bitcoin gearing up for another bull run? Share your thoughts in the comments! 💬

#Bitcoin #CryptoTrends #HODL