đ Bitcoin's Higher Low: A Sign of Reversal? đ
Bitcoin enthusiasts, rejoice! BTC recently hit a higher low at $53,300, compared to previous dips below $50,000 and $54,200. This could indicate a trend reversal as selling pressure eases. đâĄïžđ
Analysts like 'Mando' and 'Kaleo' are cautiously optimistic. Kaleo notes BTC is in a healthier spot now than post-halving last cycle, and institutional money could soon flow in easier with spot ETFs and regulatory clarity. đđŒ
Historically, BTC peaks 518-546 days post-halving, suggesting a potential peak in mid-2025. Meanwhile, 'Sykodelic' is 95% confident we've bottomed at $52.5k. đ đź
Despite inflation woes, BTC is trading up 3.3% at $56,648. Could this be the start of a new bull run? đđ
