Bitcoin is at the Crossroads Again! 🚀🐻
Will Bitcoin (BTC) experience the summer decline again or return from the bottom? Here is the latest situation:
- **Liquidity Status:** Tether (USDT) minting is slow, but USD Coin (USDC) is growing by 5.6%. So, it seems difficult for BTC to rise immediately.
- **Profit-Loss Index:** 365-day average. If it falls below this level, a bear market is at the door!
- **Investors:** Big investors are making losses, but this is usually a bottom signal.
- **Whales:** BTC purchases increased by 6.3%. Increased demand usually pushes the price up.
Which direction do you think BTC will go? Let's meet in the comments! 💬