Countdown 10 days! When CZ is released from prison, will the big shot start?
CryptoChan2024/09/19 10:54
By:CryptoChan
163 days after the halving of BTC mining production in 2016, long-term coin holders on the chain opened a bull market distribution
163 days after 20 years of BTC mining production halved, long-term holders on the chain opened a bull market distribution
153 days have passed since BTC mining production halved in 2024
The indicator in the figure represents the percentage of long-term coin holders' chips in the total amount on the chain. The red line represents the period from 2013 to 2017 for this indicator; the blue line represents the period from 2017 to 2021 for this indicator; and the black line represents the period from 2021 to present for this indicator. The three lines align the BTC mining output of their respective cycles by half.
Note: Long-term holder chips on the chain refer to BTC that has not been moved on the chain for more than 155 days (calculated from the last movement of BTC on the chain).
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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