Bitcoin’s Short-Term Holders Show Signs of Price Volatility

Data indicates a surge in Bitcoin’s short-term holder activity, a phenomenon that often precedes significant price fluctuations. This trend echoes past bullish cycles, suggesting potential volatility soon. Notably, the Bitcoin dominance level is currently at 64.22%, testing its historical resistance point not seen since 2017. This could lead to capital rotation into altcoins as traders seek opportunities in different sectors.