Multi-year Bitcoin holder selling falls to 19-month low as halving model flags new market bottom date

60-second summary

Multi-year Bitcoin holder selling has dropped to a 19-month low, indicating a potential shift in market sentiment. This decrease in spending coincides with market cycle indicators suggesting a September market bottom. The halving model, a widely followed indicator, is also signaling a new market bottom date, sparking hope among investors for a potential price recovery in the coming months.