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Bitcoin Onchain Data Suggests Early Stages of a Bull Market

CryptoQuant data shows older Bitcoin coins becoming dormant as long-term holders retreat from selling.

BTCUSD

Bitcoin (BTC) onchain transaction data is hinting at the start of a new uptrend as long-term holders retreat from selling.Key points:Old coin dormancy points to “early stages” of Bitcoin bull marketData from onchain analytics platform CryptoQuant shows that investors holding coins for 18 months or…