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CryptoChan
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The fishtail market before the BTC calf top is so fat~😎
One thing to keep in mind is that the calf is part of the bull, and the calf market is just a gift from the bull in the warm-up phase.
Don’t get off, don’t get off, don’t get off, say important things three times, so as not to miss the great news😏
BTC reached a calf top in 2012, with the highest indicator on the chain reaching 94%;
In 2016, BTC reached a calf top, and the indicator on the chain reached a maximum of 95%;
In 2019, BTC reached a calf top, and the indicator on the chain reached a maximum of 96%;
Currently, the indicator on this chain reaches a maximum of 92.2% (hourly data).
The black line in the figure is the price of BTC; the blue line is the number of BTC in floating profit on the chain as a percentage of the total circulation of BTC (BTC that has not been moved on the chain for >7 years is considered to be long-term dormant or lost and is excluded from the calculation).
One thing to keep in mind is that the calf is part of the bull, and the calf market is just a gift from the bull in the warm-up phase.
Don’t get off, don’t get off, don’t get off, say important things three times, so as not to miss the great news😏
BTC reached a calf top in 2012, with the highest indicator on the chain reaching 94%;
In 2016, BTC reached a calf top, and the indicator on the chain reached a maximum of 95%;
In 2019, BTC reached a calf top, and the indicator on the chain reached a maximum of 96%;
Currently, the indicator on this chain reaches a maximum of 92.2% (hourly data).
The black line in the figure is the price of BTC; the blue line is the number of BTC in floating profit on the chain as a percentage of the total circulation of BTC (BTC that has not been moved on the chain for >7 years is considered to be long-term dormant or lost and is excluded from the calculation).