📈#Bitcoinis "hibernating" and needs to break out of $60,000 to revive activity, according to analysis from Glassnode.

🔍 Investors require a new price range to activate supply. Currently, BTC is trading in a low liquidity zone.

📉 Most BTC moves do not result in large profits or significant losses. Veteran traders are waiting for clearer signals before acting.

🕰️ "Old hands" - long-term BTC holders (more than 155 days) are moving very little. Meanwhile, short-term holders (less than 155 days) are holding unrealized losses.

📊 The current BTC price is lower than the average purchase price of short-term holders ($62,426).

📈 Some analysts predict that BTC may soon break out of the current range. Ash Crypto believes that BTC is testing support again after breaking down the falling wedge pattern.

💬 What do you think about the future of BTC? Comment your opinion!#Crypto#Blockchain#Finance#BTC