🚀 Bitcoin Price Analysis: Bull Run on the Horizon? 🚀

Since March, Bitcoin's price has been consolidating in a wide range, showing signs of a potential long-term bullish trend. 📈

**Daily Chart Insights**

Recently, BTC dipped below the 200-day moving average at $63K but rebounded from $50K. Now, it's eyeing $56K. If this level holds, we might see a rally back to the 200-day moving average and beyond, sparking a new bull run! 🐂

**4-Hour Chart Highlights**

BTC bounced from $52K but faces resistance at $61K, forming a bullish flag pattern. A break above could push it to $64K, while a failure might see a drop back to $52K. 📊

**On-Chain Analysis**

Despite price fluctuations, a decline in Bitcoin exchange reserves hints at investor accumulation. This could lead to a supply shock and a price surge soon! 🚀

Stay tuned, BTC enthusiasts! 🌟