Take a look at the ratio of 2y-3y BTC holders 🤔

I think the 2y-3y BTC(Bitcoin) holders indicate the beginning and the end of the BTC bullish markets very well.

When the ratio of 2y-3y BTC holders touched the top and declined, the BTC already had price corrections or consolidations. So, I think the recent price correction could be the last consolidation in this cycle, which means the BTC price is possible to continuously increase without massive price corrections.

When is the top? When the ratio of 2y-3y BTC decreased less than 2.5%, it has been the top. So, now, it looks like a turning point. So, I'd like to say it's not a bubble for the next 1.5 years. It's still just a beginning of journey 🤣