🚨 Is the Bitcoin Bull Run Losing Steam?
📉 Analysts Warn of Profit-Taking & Correction Ahead
Recent data suggests the Bitcoin bull market may be entering its final phase. 📊
🔍 CryptoQuant’s Axel Adler Jr. highlights how key indicators like NUPL and MVRV are forming lower peaks - a signal that many investors are beginning to take profits. Gains are becoming smaller with each rally. 💸
📆 Even with two expected Fed rate cuts this year, Adler believes only two more BTC rallies may be left before selling pressure dominates. ⚖️
💬 Markus Thielen from Matrixport echoes this view. He points to:
🔻 BTC slipping below the crucial $112,000 support
🌐 August’s seasonal weakness
📉 Macroeconomic uncertainty (e.g., revised labor data)
🕵️♂️ Last year’s surprise Fed rate cut had similar effects - signaling caution ahead. Despite hopes for a September rate cut, analysts say risk assets like BTC may struggle without real economic recovery. 🏛️
📌 In Summary:
⚠️ Technical weakness + cautious sentiment + economic pressure = Potential Correction ahead.
✅ Rate cut hopes offer some support, but profit-taking may grow stronger.
💬 What’s your strategy now?
HODL? Take profits? Let us know in the comments! 👇
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