Bitcoin Bull Market on the Horizon? Key Signals to Watch**
#bullrun2024đđ #Bitcoinâ #BTC #BinanceSquareFamily
Bitcoin and Ethereum mining wallets show a declining supply since early 2024, signaling a potential rebound.
Analysts suggest that a recovery in wallet holdings could indicate an upcoming bull market for both assets. On Friday, Bitcoin and Ethereum were hovering near key support levels, and Bitcoin recently hit the 60K mark.
Analysts now predict a sprint to 70K. Upcoming events, including US retail sales data and the Federal Reserveâs September interest rate decision, may influence further price movements. Stay tuned for more updates!
