Bitcoin in Healthy Consolidation, Says Researcher

Bitcoin researcher Axel Adler Jr. suggests $BTC is in a growth phase, not a bear market. On-chain indicators show healthy consolidation, with no signs of overheating. The Cumulative Value Days Destroyed (CVDD) indicator triggered only one sell signal in March 2024.

Adler predicts BTC could hit $130K within 90 days, with potential profit-taking above $123K.

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