Positive Signals For Bitcoin: Long-Term Support Levels Indicate Growth Ahead

Recent data suggests a favorable outlook for Bitcoin as long-term support levels remain strong.

The 30-day Exponential Moving Average (EMA) of Binary Coin Days Destroyed (CDD) is fluctuating between 0.1 and 0.3, indicating that long-term holders are actively accumulating Bitcoin.

Long-Term On-Chain Support Levels Signal a Positive Outlook for #Bitcoin

“The 30-day EMA of Binary CDD is moving between 0.1 and 0.3, indicating that long-term holders are accumulating Bitcoin.” – By @avocado_onchain

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