Bitcoin Rally May Not Have Hit Top Yet, Here’s Why

The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet.
Bitcoin 1-Year Inactive Supply Has Continued To Go Up Recently
According to a post from the on-chain analytics firm CryptoQuant, the 1-year inactive supply hit a high back in March of this year. The “1-year inactive supply” is an indicator that measures the total percentage of the Bitcoin supply that hasn’t moved on the blockchain since at least one yea