Data showed that the price could rise toward $72,000 before a major correction.Leading this prediction is the LTH Market Inflation Rate. LTH stands for Long Term Holders in the market.
However, two lines exist on this chart, as shown below. Green represents the market inflation rate, while the manila color indicates the nominal inflation rate.In bull cycles, if the market inflation drops below the nominal inflation, it indicates that long-term holders are accumulating. As such, this could drive a price increase for Bitcoin.Hence, BTC could be on the verge of a notable fall. At press time, the metric formed the latter pattern.
To do this, we looked at the LTH-NUPL. This metric is an acronym for Long Term Holder – Net Unrealized Profit/Loss. With this, one can have an idea of the
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