#Bitcoin traders are facing new on-chain signals indicating that old coins are re-entering the market ahead of the Federal Reserve's upcoming policy decision. Analysts expect #Fed to lower interest rates at the December meeting, and markets have already priced in a 25 basis point move.

📈However, on-chain activity shows uncertainty when delved deeper.📉

Institutional analysts maintain their confidence in the broader cycle. #Bernstein argues that Bitcoin may have broken its four-year halving rhythm and has entered an extended adoption phase.