๐Ÿ“ฃHey #CryptoTwitter!๐Ÿš€

BTC's price recovery might be just around the corner!๐Ÿ”œ๐Ÿ“ˆ

Why?๐Ÿค”

- Bitfinex's weekly report hints at slowing selling pressure from short-term holders.๐Ÿป๐Ÿ“‰

- The Exchange Whale Ratio is stabilizing, indicating whales might be done distributing their supply.๐Ÿ‹๐Ÿ’ฐ

- The Market Value to Realized Value (MVRV) ratio for short-term holders is in the 0.9 to 1 range, often seen during bull market corrections.๐Ÿ‚๐Ÿ“Š

- The short-term holder MVRV ratio is at 0.96, a level that often precedes a market recovery.๐Ÿ”„๐Ÿ“ˆ

Even the Bitcoin Fundamental Index (BFI), which evaluates network health, is at an inflection point.๐Ÿ”๐ŸŒ

So, are we ready for a BTC price recovery?๐Ÿš€๐Ÿ’ธ

Share your thoughts below!๐Ÿ‘‡๐Ÿ—จ๏ธ

#Bitcoin #DeFi #CryptoNews