Bitcoin has been on a six-week uptrend, pushing the price past the crucial psychological barrier of $110,000. Despite growing concerns that the rally may face a saturation point or a potential drawdown, Bitcoin’s recent performance and historical trends suggest that the crypto king is far from over, with more gains likely on the horizon. Bitcoin Investors Signal Further Growth Historically, one of the key indicators of a bull cycle in the cryptocurrency market is the decrease in the average age of Bitcoin held. Over the past five years, three major bull markets have been preceded by this trend
source: https://beincrypto.com/bitcoin-price-surge-whats-next-for-btc/