Bitcoin (BTC) recently experienced a significant price drop to $53,500, attributed to substantial sales by the German government and Mt. Gox creditors. Despite this initial decline, Bitcoi (BTC) swiftly recovered to $59,000, demonstrating resilience and capturing the attention of both retail and institutional investors. This article explores the factors behind Bitcoin’s price movements, the implications of on-chain metrics like the Puell Multiple, and the potential opportunities for investors amidst market volatility.&middot

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