Bitcoin: How THIS metric signals big potential for $85K breakout
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Bitcoin's Value Days Destroyed (VDD) metric has dropped to its lowest level since mid-2024, indicating a strategic accumulation phase by long-term holders. Historical patterns suggest this could precede a significant bullish price movement, with potential for breaking the $84-$85K resistance zone.
March 31, 2025 | 11:15 am
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On-chain data shows reduced coin movement and increased conviction among long-term holders, suggesting a potential price surge.
The Value Days Destroyed metric is at its lowest since mid-2024, historically preceding strong price movements. Long-term holders are accumulating, and there are no significant profit-taking signals, indicating potential upward price pressure.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100