Bitcoin On-Chain Data Shows $BTC Price Nearing Next Bull Run

The reserves of #Bitcoin on exchanges are decreasing, indicating that selling pressure is decreasing.

Increasing stablecoin reserves indicate increased purchasing power for future #btc purchases.

The release of CPI data is expected to affect Bitcoin price; positive figures will push BTC above $60,000. Analysts predict that Bitcoin could exceed $100,000 between the end of 2024 and 2026.

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