📊 CryptoQuant Analysis: BTC Whales Aren't Ready to Sell! 🐋

- New whales (holding BTC <span months) only gain 1% if they sell immediately.

- Old whales (holding BTC >5 months) gain 1.27, but haven't seen high returns in this cycle.

- No signs of selling until retail liquidity arrives.

🌍 Middle East tensions cause BTC price to drop sharply

- US BTC ETF records $243 million withdrawal on October 1.

- BTC price is predicted to bottom at $54,000 due to macroeconomic pressure.

📈 Willy Woo's long-term forecast: BTC will take time to reach its old peak of $74,000

- October is expected to be flat, possibly rising by the end of 2024.

What do you think about the current BTC situation? Comment now! 💬