📉 Bitcoin Drops 4 Days in a Row, But Market Still Bullish!
BTC fell from $110K to $104K over the last 4 days. Despite the dip, the market sentiment remains very positive 💪
Why Are People Still Bullish?
BTC demand is rising!
An analyst from Cryptoquant says Bitcoin demand is now close to the peak levels of the last bull market 🚀
Big money is flowing in!
$1.8 billion in net capital inflow on May 29
That’s similar to the peak days of past cycles 📈
Whales are buying!
20,000 BTC bought in just two days
50,000+ BTC moved out of exchanges → this means accumulation, not selling 🐋
On-Chain Data Supports the Bullish Case 📊
7 days of negative exchange netflow — a strong sign of accumulation
Investors are buying the dip instead of selling
Short-term holders are still in profit and not panic-selling
🔮 What’s Next for BTC?
If demand stays strong → BTC could bounce back to around $109K
But if buyers between $100K–$104K start to panic and sell → we could see a deeper correction
💭 Bottom Line:
This pullback looks more macro-related, not driven by fear. As long as demand holds, Bitcoin still has room to recover!
