RE: More BTC being HODLed means a rally is right around the corner
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Well....we can't tell exactly if throughly btc is being moved or not, due to centralized exchanges that hold users coins.
If all exchange was non custodial like ChangeNOW then tracking and analysing would be more easier and predictable.
I think it's time we all start holding our coins. Meanwhile i am bullish about bitcoin this year.
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Yea I believe this is on chain data.