Bitcoin Drops to $67,000 But Bullish Momentum Remains Strong đ
Bitcoin [BTC] has dipped to $67,800 after peaking at $72,000 last week. Despite this 5.7% drop, bullish momentum remains strong! đ
Key Highlights:
đȘStrong Demand: Increasing interest in Bitcoin-backed investments, especially from the U.S. đșđž
đđBull Run Only Halfway: According to the MVRV Z-score, this bull cycle is far from over. The score of 3.07 suggests significant potential for price increases. đ
đLong-Term Holders: Holders of Bitcoin for six months or more show reduced activity, indicating strong confidence and expectations for future gains.
Stay tuned for more crypto insights! đ
Disclaimer: This is not financial advice. Always do your own research. Generous contributions help us provide the best investment advice.
Remember: đĄ
Stay informed.
Invest wisely.
Hold strong.
Keep following for the latest updates!