💰 Bitcoin on historically high buyback

Friends, if you pay attention to the chart, you will see that bitcoin reserves have fallen to an unprecedented low, which creates a strong shortage of coins and has a positive impact on the price of the asset.

🔤 A sharp yet strong market buyback has begun, which serves as a good driver for further gains.

The most interesting thing is that this happened in just a week. In a couple of days, the mood of the market has completely changed.

Yes, earlier I was expecting a deeper correction.

However, due to the recent news background (improved economic relations between China and the U.S.), the breakout of key resistance levels, and a sharp increase in buying volumes, the market outlook has shifted to a bullish trend.

❕ Given the current market components, the upward trend should continue in the medium term 🔥