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The crypto market may be preparing for its next upswing, according to a CryptoQuant analysis by contributor Crypto Dan. Crypto Dan said strong Bitcoin price gains have typically followed a shift in the share of total BTC supply held for more than 18 months from an uptrend to a decline, adding that changes in the proportion of long-term holdings could serve as an indicator for a bullish turn in the BTC market. Crypto Dan added, however, that past patterns do not guarantee future price gains.