🚨 Rare #Bitcoin Signal Flashing: Is the Bull Run Just Beginning?
🔸 $BTC dipped 1.8% to ~$106K, ~6% below ATH.
🔸 Puell Multiple is still under 1.40 historically a non-euphoric zone.
🔸 Miner revenues are lagging despite price surge a sign this rally may be demand-driven, not fully backed by on-chain activity.
🔸 April’s halving slashed rewards, limiting miner income even as prices climb.
🔸 Institutional demand & tight supply could be fueling this move.
🔸 If miner profitability catches up, the real breakout might still be ahead.
📊 Fundamentals + sentiment = a potential second leg up? Stay sharp.