Signal That Marked Start of Bitcoin’s 2015 Bull Run Just Hit a New High

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With Bitcoin being range-bound for nearly the past two months, it’s been easy for investors to revert to a bearish mindset. Nothing shows this as well as the funding rates of BTC futures markets, which are now neutral-negative instead of positive. Key on-chain metrics, however, suggest that the start of the next bull run is imminent. Key Bitcoin Indicator Hits Fresh All-Time High The percentage of BTC in circulation that has not moved in over a year has just reached a new all-time high of 62%. That’s according to on-chain analyst Philip Swift, “Bitcoin 1yr HODL new ATH!! We have reached a new all-time high, with 62% of bitcoin not moving on-chain for at least 1 year. Strong hands from hodl’ers! Such high levels of HODL’ing have been present at the start of previous Bitcoin bull runs,” Swift wrote on the matter. This is important as this metric reaching high…

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