Bitcoin is currently sitting close to the bottom of this indicator. 📉

Not 80%.
Not 50%.
Only around 5%. 👀

Historically, Bitcoin’s strongest and hottest phases happened when this indicator reached the opposite extreme. 🚀🔥

For me, that’s a strong enough signal to remain bullish from here. 📈💎

#bitcoin #BTC #CryptoTrends2024 #Bullish $RAY $ATOM