Bitcoin's Short-Term Bullish Potential Amid Re-Accumulation 📈

• Short-Term: Bitcoin is showing a #bullish swing potential for the next 1-3 weeks.

• Medium-Term: Demand and supply have been #bearish since the April halving, but there are signs of a possible reversal in the past 4 weeks (though unconfirmed). It will take more time before Bitcoin reaches new all-time highs.

• Macro: Despite risk signals hitting lower lows, Bitcoin remains in a re-accumulation pattern, not a bear market.

• Traditional Finance (#TradFi ) Risk: Falling bond rates are a concerning signal, often preceding crashes (e.g., 2020, 2008). However, these crashes have historically been followed by liquidity-driven rallies across all asset classes.

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#crypto2024