🚀 Bitcoin Bounces Back! 🚀
Bitcoin (BTC) has rebounded over 22% from its August low of $49,557, and analysts are optimistic about its continued recovery. 📈
Key highlights:
- BTC supply on exchanges has dropped 11% since January, hinting at traders holding rather than selling.
- Institutional investors are still keen, with spot Bitcoin ETFs seeing positive flows in 9 of the last 13 trading days.
- Bitcoin whales are accumulating, adding 94,700 BTC in the past six weeks.
With BTC breaking out of a bull pennant, could $68,000 be next? Share your thoughts below! 💬
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