🚨 3 signs that the uptrend season has just begun!
🔸 Bitcoin price skyrocketed, surpassing the $65,000 mark, making many people believe that a strong wave of growth is beginning. Let's take a look at the important factors that show that the uptrend season has just begun!
1. Bitcoin Halving Is Near:
The Bitcoin halving event scheduled to take place in April this year will reduce the rate of new BTC mining, potentially causing BTC prices to rise higher in the medium term due to the law of supply and demand.
2. Investors Switch to Personal Wallets:
BTC net inflow on exchanges has been negative over the past few weeks, showing that investors are transferring BTC to personal wallets for long-term holding, reducing selling pressure. The amount of BTC on CEX exchanges is currently at its lowest level in the past 6 years.
3. The level of interest on Google is still low:
Google searches for Bitcoin are currently lower than at the end of 2021, indicating high growth potential as public interest increases.
