Bitcoin traders remain bullish over a BTC price breakout despite months of consolidation — and on-chain data supports them.
Bitcoin (BTC) could be preparing to repeat its ascent to all-time highs from March, on-chain analysis shows.
In a post on X (formerly Twitter) on June 2, popular trader and commentator Alan Tardigrade drew a key comparison to BTC price action now and in mid-February.
Bitcoin needed less than a month to hit new all-time highs earlier this year when a classic on-chain indicator flashed green.
