🪙🔥🚀 Bitcoin isn't giving up... and the data backs it up!
After hitting $106,000, many thought BTC would take a long break... but the network, ETFs, and even whales 🐳 are saying otherwise. Everything points in one direction: new all-time highs!
Are we on the verge of seeing Bitcoin hit $140,000 or even $150,000? Here are six key signals that are exciting traders and investors alike.
1️⃣ Banknote invasion: ETFs keep adding up 💸📊
In just two weeks, Bitcoin spot ETFs attracted $2.9 billion. Coincidence? We don't think so. These flows have coincided with major rallies before... and they could do it again!
2️⃣ Whales in intense accumulation mode
Glassnode tells us whales are accumulating like there's no tomorrow. In the last 30 days, addresses holding 10 to 10,000 BTC have added up to 83,105 BTC. Do you know what that means? Strong HODL and confidence in the future.
3️⃣ BTC escapes from exchanges 🏃♂️🏦
With only 2.44 million BTC on exchanges (a 6-year low), over 110,000 BTC were withdrawn in 30 days. Who's selling in an uptrend? That's right: no one sensible.
4️⃣ Network in turmoil: on-chain activity on the rise ⚡️
The famous Z-score for trading volume is headed toward 1. And when that happens... historically, the price explodes. Literally.
5️⃣ “Risk-on” environment according to the VIX ✅
The VIX index fell from 55 to 18. What does this mean? Less fear on Wall Street and more love for assets like BTC. Economist Timothy Peterson predicts $135,000 if this environment holds. Spoiler alert: his model is 95% accurate.
6️⃣ Technical analysis in party mode! 🧠📉🎯
BTC formed a beautiful bullish bottom. A close above $106,660 would trigger a direct target of $140,000. And beware: some projections already push it to $150,000.
✅️ Conclusion
Bitcoin is aligning the stars: accumulation, institutional demand, an active network, optimistic technical analysis… and a more bullish community than ever!
Is this the prelude to the next big climb? 📊🔥🚀 You decide.
📌 Fuentes: Cointelegraph -Glassnode - Santiment
💬👉🏻And now we read to you:
Will we see BTC break $140,000 soon? Or do you think a surprise correction is coming?
🤔💬Leave your prediction in the comments, give it a 👍 follow for more daily analysis, and share this news with your crypto friends so they don't miss a thing.
See you at the top of the chart!📊🚀🖖