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In a recent analysis of the cryptocurrency market, it was observed that the Bitcoin price correction, which began when the price was at $65.5k, may have ended. This conclusion was drawn after the realization of substantial profits amounting to $2.7B. Simultaneously, the selling pressure in the market has weakened as short-term holders have ceased to realize losses on the price correction. This shift in market behavior is a positive sign for the cryptocurrency market. In addition, the minting of new USDT has been noted. Historically, there has been a strong correlation between the market cap of USDT and the Bitcoin price, indicating potential future growth for Bitcoin. Furthermore, there has been a significant increase in BTC inflows to accumulation addresses, with their reserves reaching an all-time high. This suggests that investors are increasingly holding onto their Bitcoin, which could drive up the price. Finally, a change in long-term investors' behavior has been observed, with distribution weakening. This could be a sign of increased confidence in the market's future performance. Overall, the current market indicators point towards a bullish future for Bitcoin.

In a recent analysis of the cryptocurrency market, it was observed that the Bitcoin price correction, which began when the price was at $65.5k, may have ended. This conclusion was drawn after the realization of substantial profits amounting to $2.7B.

Simultaneously, the selling pressure in the market has weakened as short-term holders have ceased to realize losses on the price correction. This shift in market behavior is a positive sign for the cryptocurrency market.

In addition, the minting of new USDT has been noted. Historically, there has been a strong correlation between the market cap of USDT and the Bitcoin price, indicating potential future growth for Bitcoin.

Furthermore, there has been a significant increase in BTC inflows to accumulation addresses, with their reserves reaching an all-time high. This suggests that investors are increasingly holding onto their Bitcoin, which could drive up the price.

Finally, a change in long-term investors' behavior has been observed, with distribution weakening. This could be a sign of increased confidence in the market's future performance. Overall, the current market indicators point towards a bullish future for Bitcoin.

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