Bitcoin continues to show strength 💪

- After the recent U.S. presidential election, Bitcoin (BTC) is demonstrating strong fundamentals, according to a report from CryptoQuant. BTC is currently reasonably priced, not overvalued, setting the stage for a significant price increase if there are positive catalysts from the election.

- History shows that BTC has increased by 22%, 37%, and 98% after the elections in 2012, 2016, and 2020. In 2024, BTC surpassed the previous all-time high, reaching $76,450.

- Although investors are still observing, selling pressure from BTC has decreased, with the amount of BTC transferred to exchanges dropping to 45,000 BTC. This indicates that interest remains strong. 📈