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☎️BITCOIN FACES CRUCIAL POINT SIGNALS

☎️BITCOIN FACES CRUCIAL POINT SIGNALS

Day: 10 | Time: 20:50:21 According to a report by CryptoQuant, Bitcoin is at a "crucial point" with signals of further declines, despite the rapid accumulation of BTC by whales. Indicators such as profit and loss and the bear-bull market cycle indicator indicate the possibility of a significant correction. Additionally, the growth of Tether USD market capitalization has slowed down, suggesting that it may be difficult to achieve a rally. However, Bitcoin whales have continued to accumulate, signaling growing demand at lower levels. Institutional investors have shown support for BTC, with significant inflows into Bitcoin ETFs. The immediate resistance for Bitcoin is at $59,000.

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Source: Cointelegraph