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Long Term Bitcoin Holders Will Demand Higher Prices - Deep Dive Market Research
In this video, Sam Rule (@samjrule) and Dylan LeClair (@DylanLeClair_) of Bitcoin Magazine's Market Research team break down the recent peak in long term holder supply and what this could mean for the price of Bitcoin. LTH supply usually starts to decrease as we move into the parabolic phase of the bull run, so this could be a very bullish sign. They also analyze the Short-Term to Long-Term Holder Cost Basis Ratio, and explain what this metric tells us about the current market cycle.
Insight into how Glassnode quantifies LTH supply: https://insights.glassnode.com/quantifying-bitcoin-hodler-supply/
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