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๐บ๐ธ๐ US spot
$BTC
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#ETF
balances have hit a new all-time high of more than 900,636 BTC
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๐ #IntoTheBlock data shows a net outflow of $1 billion worth of $BTC from major exchanges over the past week, indicating potential accumulation of funds for the upcoming bull run.
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๐ $BTC 's hash rate hit a new ALL TIME HIGH
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๐๐ค $BTC MVRV Z-Score displays a red bar (Bear sentiment), similar to the bar in January 2020 before the start of a bull rally.
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๐๐ฎ #CryptoQuant simulated the price of $BTC for September: โซ๏ธOn average it would be slightly lower, ending at $55K โซ๏ธPrices would mostly be between $44K and $66K These simulations only take into account historical daily returns in the month of September.
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