Bitcoin May Not See Lasting Bullish Momentum Until This Happens

Bitcoin might not be able to observe any extended runs of bullish momentum until this on-chain indicator reverses its trend.
Stablecoin Whale Supply Has Dropped To Lowest In Six Months
During the past few days, Bitcoin has registered some rise and has managed to breach the $27,000 level. The asset has, however, been unable to build up any sustained moves above this mark so far.
The below chart shows how the cryptocurrency’s price has changed in recent days:
While moves above the level have