Signs of an Explosive Move Above $110K for the BTC Price? This Analyst Clarifies
2025-07-04 05:15:37
Description
Pseudonymous CryptoQuant analyst Avocado_onchain sees Bitcoin’s latest consolidation, after plunging to $98,467 before a shaky recovery, not as stagnation but as coiled energy. Data provided by the market watcher shows that long-term holders (LTHs) are steadfastly accumulating rather than distributing, a historical hallmark that often precedes explosive rallies by the king cryptocurrency. Market Tension Meets On-Chain Calm Over the past week, BTC weathered increased volatility caused by escalati...
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