3 important events that happened recently
Prove that the bull market is coming!!!
1. Whales are hoarding
Glassnode's trend accumulation chart shows that wallets with at least 100 Bitcoin $BTC are starting to accumulate.
Glassnode's Realized Cap HODL Wave chart shows that 45% of Bitcoin has not moved in the past 6 months.
2. Financial data
PPI is lower than expected.
CPI is lower than expected.
Rate cuts are expected to happen in September.
3. Everyone wants Bitcoin
Companies, financial institutions, and retirement/wealth fund managers are buying more Bitcoin ETFs or MICROSTRATEGY shares to get exposure to Bitcoin.
Companies such as Metaplanet, Semler Scientific, Marathon Digital, and Microstrategy are raising funds and buying more Bitcoin by taking out loans or selling debt.
