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đâ Hashrate on the
$BTC
network is approaching an ATH
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đđ€ $BTC #CryptoQuant : The bull rally will begin when the price rises above $69.5K, this level will trigger FOMO in the market, and everyone who previously made profits on Bitcoin will return, fearing to miss out on gains.
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đ 92% of $BTC inflows to exchanges come from short-term holders
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đą More than $2.6 billion has exited $BTC and $ETH in just the past week
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đđ $BTC is now in a critical resistance zone, with 1.52 million addresses holding over 770,000 BTC between $59,885 and $61,625. If this level is surpassed, BTC could climb to $64,300. However, if it holds, a pullback to $57,235 may occur.
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đ $BTC #CryptoQuant : After the Belief stage at $72K, Net Unrealized Profit/Loss (NUPL) shows a green bar, which corresponds to the Anxiety stage. Investor anxiety, if you're not an LTH, is a permanent process, the best remedy for this is HODL.
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