<ul><li>Bitcoin (BTC) continues to trade above the $84,000 mark with some slight decline in momentum.</li><li>On-chain analysis reveals that Bitcoin's recent rise is driven by the strategic actions of long-term holders.</li><li>Strategic accumulation by long-term holders reduces supply and increases scarcity, leading to stronger price responses.</li><li>Monitoring Mean Coin Age (MCA) can provide insights into market sentiment and potential shifts in behavior.</li></ul>

Bitcoin’s Rise Isn’t Random: Analyst Reveals What’s Really Fueling BTC Above $85K

Discover more