strong buy
Bitcoin shows signs of a robust bull market with rising prices and record high long-term holder activity
Starting from the $97,000 level, the average selling price for both short-term and long-term holders has begun to increase. Moreover, the 7-day change in this indicator for long-term holders has reached a record high during the entire current bull cycle. This is a sign of a healthy bull market.
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AI Analysis
The increase in the average realization price starting at the $97,000 mark suggests increased trading activity and possibly stronger investor confidence at this price level. The fact that the 7-day ch...
AI Recommendation
Given these positive signs, a cautious yet optimistic approach would be advisable. Investors might consider increasing exposure if they are comfortable with risk, as the market shows signs of sustaine...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.