đ Bitcoin Bounces Back! đ
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."
đ 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! đŹ
#Bitcoin #CryptoTrends #HODL
