🚀 Cryptocurrency community, beware! 🚀
1️⃣ After the $73K peak, the number of people willing to sell Bitcoin has reached a 6-month low. This could signal a change in market sentiment to come!
2️⃣ There is a high probability that as the price approaches the $73K level, we will see an influx of new liquidity into the futures market. History shows that this is usually followed by a strong price move!
3️⃣ On the monthly time frame, the RSI has dropped below 80%. In previous bull cycles, the price often reversed at these levels.
4️⃣ Analyst says: "Ignition #Bitcoin right on schedule!" If we start to feel acceleration overloads in 30 days, this will be a surprising, but not unexpected, repeat of history.
5️⃣ Interestingly, crypto traders in South Korea have started switching from Bitcoin to altcoins. According to CryptoQuant's Bitcoin Korea premium index, the index has turned negative, dropping to -0.55 — the biggest discount since October 2023.
Be attentive to market changes and follow new trends! #Crypto #Bitcoin #Altcoins#MarketTrends