Bitcoin is entering the early stage of a new bull market. 🚀
But according to @cryptoquant_com, $BTC needs a strong close above its 365-day moving average, currently near $83K, to confirm the new cycle.
Short-term data also looks overheated:
• Whales took $1.2B in profits
• Exchange inflows are rising
Stay cautious as BTC approaches key resistance.
But according to @cryptoquant_com, $BTC needs a strong close above its 365-day moving average, currently near $83K, to confirm the new cycle.
Short-term data also looks overheated:
• Whales took $1.2B in profits
• Exchange inflows are rising
Stay cautious as BTC approaches key resistance.
