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Indicator Shows Bitcoin is on the Brink of a Historic Bull Rally

Bitcoin has seen some lackluster price action throughout the past few days, generally finding itself caught within a bout of sideways trading within the mid-$7,000 region as bulls struggle to surmount the heavy resistance that has been laced throughout the upper-$7,000 region.

It now appears that bulls are close to turning the tides firmly back into their favor, as one technical indicator suggests that the crypto is currently on the cusp of entering a bull run of historic proportions.
Investors are taking notice, as data signals that addresses with non-zero balances have been rocketing higher in recent times.
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