Bitcoin price: Is the bull market back? Key indicators to watch

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Bitcoin bull run back on or a false dawn? Analysts weigh in on where the crypto market is heading next after this month's robust rally — and share the key indicators to watch

Only time will tell which end of this spectrum is closer to the reality, but if it is just a bounce, it's a strong and well sustained one.

"The only other time the percentage of bitcoin's supply hadn't moved in over a year was September 2020, which lead to a 500% move in price over the following eight months. Furthermore, a report from Coinshares yesterday shows we are seeing the largest inflows to crypto funds since December." "The report claimed that British Finance Minister Rishi Sunak is expected to make an announcement in the coming weeks about a new regulatory regime for crypto, and that new rules are likely to be favorable to the industry."Kraken Intelligence

 

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People seem to have forgotten that Bitcoin hit $65k in mid 2021 and went all the way back down to $28k in the summer before coming back above $65k again Y’all follow rawkz_t She’s a super underrated Bitcoiner who have been following her tweets and tip closely

比特币牛市回归还是虚假黎明?在本月强劲反弹后,分析师们对加密市场下一步的走向进行了权衡,并分享了值得关注的关键指标

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