📊 With many traders waiting for the #crypto #bullrun to resume following a month of price chopping, one of the primary signals to watch is Mean Dollar Invested Age. This metric tracks the average age of investments in an asset that have sat in the same wallet. ⏫ Rising line = investments are getting more stagnant, and old coins are sticking in their same wallets, implying its blockchain is becoming less active ⏬ Falling line = investments are moving back into regular circulation on the network, implying its blockchain is becoming more active In most historic bull cycles, we have seen #Bitcoin, particularly, seeing a falling mean dollar invested age line. And from late October until the end of March, this is exactly what we saw... as $BTC jumped +133% in market value. Over the past couple of weeks, despite the #halving drawing near, #cryptocurrency's largest asset has seen its mean dollar invested age line stagnate. In order to justify a continued rise, we will want to see top key stakeholders moving coins back into circulation, moving this line down further. Track the @santimentfeed top cap mean dollar invested age comparison chart here, and see when $BTC and other asset's lines continue their course downward. https://app.santiment.net/s/di_XawYi?utm_source=twitter&utm_medium=post&utm_campaign=twitter_top_cap_mean_dollar_age_comparison_b_041224/&fpr=twitter
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