🚀 3 Catalysts to Propel #Bitcoin's Price 📈
1️⃣ BlackRock's Inflow Streak 🛑
• No inflows since August 27th - the longest dry spell for BlackRock.
• Historically, when #BlackRock invests, #BTC surges.
2️⃣ Coinbase Trading Volume 📉
• Spot trading volumes at Coinbase have dipped to pre-ETF levels.
• A resurgence in U.S. demand is crucial for the next #bull run.
3️⃣ Whale Dynamics Shift 🦑
• Small wallets are accumulating, but large wallets (100+ $BTC ) are distributing since March 2024.
• For price upticks, this trend needs a reversal.
Watch these factors closely!
