Could Bitcoin surpass the $70K mark again? Recent data suggests a potential shift in the market dynamics. Key indicators point to possible overheating, with the Bull-Bear Market Cycle Indicator showing an overheated-bull phase and traders maintaining high unrealized profit margins. Notably, a significant surge in selling activity, reminiscent of May 2019, has been observed, with both large holders and miners capitalizing on the soaring prices. Despite this correction, optimism remains high for Bitcoin's future, buoyed by the advent of Bitcoin ETFs and prevailing positive sentiment, hinting at further growth in the ongoing bull run. #BTC #HotTrends #halving #2024Election #BOME #BNBChain #ID #ID