Bitcoin had a great year, with 8 months up and 4 down. Are y | Lab4crypto på Binance Square

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Bitcoin had a great year, with 8 months up and 4 down. Are you bullish for 2024?
BTC Monthly Returns $BTC

Yes

67%

No

33%

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The market is in fear levels, which were last seen on Dec 14, 2022, when #Bitcoin was $17.8K. Despite negative news like Mt. Gox repayment, Germany selling Bitcoin, and miners capitulating, BTC is above $57K. Is the summer bottom in, or will we keep sliding? Share your thoughts👇

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📊 Bitcoin Supply in Profit stands at 80.6%. The last time we hit this level was Oct 19th, 2023. when BTC was $28.69K. With addresses in profit declining, so is the selling pressure.

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Why You Shouldn’t Worry if This Dip Was Bottom for Bitcoin/Altcoins But Focus on Something Greater

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📉 Bitcoin addresses holding 1K-10K #BTC have shown a strong correlation with Bitcoin price movements. Since May 28th, these entities have offloaded some BTC. It’s crucial to monitor if this trend continues or if a decoupling occurs.

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