According to CryptoQuant, new investors may hold the key to Bitcoin's next major breakout. The decline in unspent transaction outputs (UTXOs) under six months has stopped and leveled off, indicating that the market is maturing. In the past, when this decline stopped, Bitcoin's price experienced a significant surge. Currently, only 8.6% of investors are at a loss at Bitcoin's present price, suggesting positive sentiment in the market. The interaction between new entrants and market emotions is crucial for Bitcoin's growth, and an influx of new funds could push up prices. Analysts are closely watching these trends for indications of the next major direction in Bitcoin's price.



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