CandleFocus Analysts "Bitcoin (BTC) Is Preparing for a New Rally! Here's the Data!"
2024-09-11
Author: Content Editor
Analysts believe that Bitcoin's downward trend is coming to an end and expect a price increase in the coming months. Data from IntoTheBlock shows that $750 million worth of Bitcoin was withdrawn from major exchanges, suggesting a potential price increase. The decreasing exchange reserves and increasing stablecoin reserves also point to a bullish trend, according to the analysts. They advise investors to be prepared for a possible breakout in the near future.
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