🚀🎉 Bitcoin enthusiasts, get ready! CryptoQuant analysts are seeing signs that BTC may have hit rock bottom and is ready to rally again! 🚀🎉

🔍 The latest weekly report points to higher bullish momentum, increasing BTC demand, and speedy stablecoin liquidity growth as indicators to watch.

📉 The Bitcoin Bull-Bear Market Cycle indicator shows the crypto market in its least bullish state since the 2023 banking crisis. With BTC currently around $61,000 and having dipped to a one-month low of $58,500, we need some bullish momentum to bounce back! 📈

🔥 Bitcoin demand growth needs to speed up to Q1 levels for prices to recover. Although demand has picked up a bit since May, it's still significantly slower than the start of the year when U.S. spot Bitcoin ETFs were launched.

💪 Increased buying from steadfast Bitcoin holders could signal that BTC prices have bottomed. Currently, this group is buying BTC at a monthly rate of 72,000 BTC, a far cry from the Q1 monthly pace of 160,000 BTC.

⚠️ Bitcoin's ultimate price support level is $56,000, according to Metcalfe price valuation bands. Any drop below this could trigger a major correction. This level could determine whether Bitcoin has bottomed or not.

💸 Positive on-chain unrealized profit margins could signal incoming rallies. An increase in Bitcoin flow from other exchanges to Coinbase indicates a rise in U.S. investor Bitcoin demand, often linked with higher prices.

🚀 Lastly, an acceleration in stablecoin liquidity, often seen in the 60-day growth of Tether's (USDT) market cap, indicates an inflow of capital into the market – a crucial metric needed for prices to move northward.

So, did Bitcoin bottom? These are the signs to watch! 🧐📈🎉