The coefficient of realized capitalization of HODL waves for Bitcoin holders who have held coins for 3 months or less is 44 percent.
If history repeats itself, this figure should be closer to 70% before we start talking about Bitcoin reaching the final peak of this cycle 🚀📈
Deep corrections in Bitcoin's price lead to a decrease in this indicator. I would like to see it drop to 35%. This would heal and lengthen the bull market.
If you want a long and healthy bull market, you need to hope for a significant shakeout in the market. Weak hands need to sell so that we can achieve a long and healthy bull run 🤌
