$BTC
Bitcoin trading plummets by two-thirds: A storm is about to hit the bull market!
Latest data explosion: Since November, Bitcoin trading volume has dropped 64%, shrinking from an average of 81K BTC per day to 29K BTC! Analysts exclaim: Sellers pull back, buyers take over, this could be a precursor to a reversal in the bull market! Market scarcity intensifies, and supply may not necessarily push prices to new peaks.
The analysis shows that volume has hit its lowest point since May 2023, coinciding with Bitcoin successfully digesting the upward selling pressure after surpassing $100,000, with the foundations for the bull market as stable as a rock. Experts point out that the current "demand satisfaction zone" hides secrets, and the diminishing selling pressure paves the way for buyers, as market sentiment turns optimistic. The selling of short-term investors suddenly turns optimistic. The sudden decrease in short-term investor sales sees only 6,300 BTC flowing into the trading pool, with subsequent strategies indicating that something is coming soon.
The coming weeks are crucial! If sales continue to shrink, Bitcoin could welcome a structural increase, investor confidence will soar, and price fluctuations will shake the market. The bull market signal has already sounded, are you ready?