Bitcoin Closing In On This Bullish Crossover, Relief Finally Ahead?

On-chain data shows Bitcoin is closing in on a crossover that has historically proved to be bullish for the price of the crypto.
Bitcoin Short-Term And Long-Term UTXO Age Bands Approach Crossover
As pointed out by an analyst in a CryptoQuant post, BTC has usually observed a significant rise following the formation of such a crossover.
The relevant indicator here is the “UTXO Age Bands,” which tells us the percentage of the Bitcoin supply that each group is holding right now.
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