With Bitcoin hovering around the $90,000 mark and 95% of supply in profit, whispers of a distribution phase are spreading fast. Are we nearing a tipping point where large players take profits, or is this the calm before another storm of growth?
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💡 Historical Insights:
Glassnode’s data reveals that "New ATH discovery" phases typically last around 22 days.
🗓️ Today marks Day 18! Could we be approaching a turning point?
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🔎 What to Watch:
Sell Volume: A surge in large sell-offs could hint at distribution.
Market Sentiment: Is fear creeping in, or is greed still driving?
Institutional Moves: Watch the whales—are they selling or accumulating?
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🌟 Two Financial Giants, One Revolution:
As Bitcoin hovers at $90K and CeDeFi rises, the crypto world is entering uncharted territory.
👉 Tag your friends: Are we in a distribution phase or about to break higher?
👉 Explore BounceBit to take your financial game to the next level.
🔗 Learn more: @BounceBit
📢 Let’s debate below—what’s next for BTC? 🚀
or 📉? 👇
