Bitcoin may be gearing up for a massive rally as it enters “Phase 2” of its historic bull run. On-chain data from CryptoQuant reveals a striking pattern similar to 2017, with long-term holders (LTHs) reversing their recent sell-off. This suggests fresh capital is flooding in, and Bitcoin could soon experience a second phase of explosive growth. As LTHs hold strong and the market heats up, experts are eyeing new all-time highs. With key metrics like the Binary Coin Days Destroyed (CDD) pointing toward another breakout, Bitcoin could be heading toward $100K sooner than we think.
