🚨 $BTC Bottom Incoming? 🚀

Selling pressure on Bitcoin is *finally* showing signs of relief. Despite a nearly 1% dip today (and a 3.6% monthly decline), key on-chain data suggests the worst might be over.

Long-term holders are holding strong – CryptoQuant data reveals a significant drop in Coin Days Destroyed, meaning they’re less likely to sell. Plus, Bitcoin ETFs are seeing improving net inflows, even if institutional sentiment is still cautious. 📈

However, don’t get ahead of yourself. Stablecoin reserves are down, indicating limited immediate buying power. Consolidation is likely needed before a real breakout. Patience is key. ⏳

#Bitcoin #Crypto #BTC #MarketAnalysis 💎

BTC
BTCUSDT
87,525.2
-0.19%