$BTC

Realized profit by age of the wallet holding Bitcoin has been going up since Bitcoin crossed 100,000$ USD.

The amount of profit-taking has recently surpassed what we saw in March of 2024, which led to a period of consolidation that extended over 7 months.

This might be a sign that the markets might be cooling off going into 2025.

I think we have not yet reached a macro top, according to an in-depth analysis I made a few months ago, the top of this cycle will be near 118,000$ USD.

Also, we're yet to see the alt-season completely unfold in 2025. This will start to become obvious once Bitcoin Dominance ($BTC.D) drops under 50%.

Be careful with short term downside volatility, and make sure to accumulate some alts for the alt-season coming in next year (2025). - NFA.

Good luck.

PS: Follow me @Ivan Prats for more insightful posts and technical analysis.