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On-Chain Indicator Signals Bitcoin Cycle Top Is Far Ahead – Data Confirms Bullish Outlook
- Bitcoin's price action and key metrics suggest a bullish outlook.
- Bitcoin is consolidating below $70,000 before potentially reaching new highs.
- The Long-Term Holder to Short-Term Holder SOPR Ratio indicates Bitcoin is far from its cycle top.
- Bitcoin's ability to hold above $65,000 will be pivotal for maintaining bullish sentiment.
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