📈🚀 Is Bitcoin on Track for a New All-Time High?

- According to a Polymarket survey, 63% of participants believe Bitcoin (BTC) will hit a new all-time high this year.

- BTC is trading at $63,840 and needs to rise 15.6% to surpass its previous all-time high of $68,777.

- The Fed is cutting interest rates, which could be a catalyst for crypto growth.

- Institutional investors are actively buying Bitcoin spot ETFs, which is also supporting the market.

- BTC balances on exchanges have fallen to a new low, indicating a shift to self-custody solutions.

- Seasonality: On average, Q4 brings 88% of BTC returns.

What are your thoughts? Share in the comments! 💬