A different HODLR metric may indicate the start of the Bull run
I recently discovered an interesting metric offered by Glassnode which shows how long BTC haven't moved for. Essentially, it measures the number of BTC that have not moved in over a year and, interestingly, when you have a sustained increase on that number, it used to anticipate the rise of the price.
But the indication of the Bull market comes once the previous All Time High is reached and over-passed:
Every time this metric show a new ATH, which would mean than more people are HODLING than selling at the current price, it used to lead to the Bull run period.
Would it be the case now?
Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
