🚀**Is Bitcoin about to repeat history? Bull run is coming or short trap? **🤔
🔍 Bitcoin has recently quietly approached the $62,000 mark, although technical indicators still look bearish📉. This has made many people wonder: Is this the prelude to a new bull run, or another "buy trap"? 🎢
💡 Let's review history📜:
Bitcoin experienced a similar situation in 2023 - the market was in a consolidation period, followed by a sharp drop. The current trend seems somewhat similar👀. However, on-chain data shows that miners do not seem to be in a hurry to sell their Bitcoin, and long-term holders are also "holding coins"🛡️, indicating that they are still optimistic about the future.
So the question is: Is the bull run really just around the corner? 💰
⚠️ Be cautious and don't be overwhelmed by emotions!
Although the on-chain indicators look bullish, the MACD indicator shows a bearish crossover🔻, indicating that there may be another wave of correction in the short term. If it falls below $62,000, the next key support level will be $54,000! 🚨
📈 **Conclusion: Bitcoin may be brewing a bigger market! **But whether this "bull market" can really start depends on how the game between bulls and bears develops. If you want to make money in this wave, **Please remember: bring a stop loss, don't be greedy! **💪