๐Ÿšจ๐ŸšจA Huge Signal in Bitcoin! Whales Aren't Selling, Is the Bull Run Just Beginning?๐Ÿคฏ๐Ÿ‘€

Despite the recent recovery in Bitcoin's price, on-chain data points to a rather striking picture. ๐Ÿ”๐Ÿ‹

๐Ÿงต Details here:

1๏ธโƒฃ Whale Movement Alarm is Ceasing

According to CryptoQuant ratios, while the $BTC price is rising, the amount of Bitcoin distributed to whales' exchanges is decreasing instead of increasing. โžก๏ธ This indicates that large companies are not playing a role in the sell-off.

2๏ธโƒฃ What does this mean historically?

In the past, the intense transfer of BTC to whale exchanges often signaled sharp declines. However, the situation has now reversed. โ›”๐Ÿ“‰

3๏ธโƒฃ What does CoinDream's analysis say?

According to CoinDream, which shared the analysis, this data indicates that aggressive profit-taking is on the agenda.

In other words, the decline is progressing on a more solid ground rather than due to panic or short-term speculation.

4๏ธโƒฃ Why is this important?

โœ”๏ธ Limited selling pressure

โœ”๏ธ More balanced market structure

โœ”๏ธ More โ€œhealthyโ€ uptrend

โœ”๏ธ Large players retain their roles

5๏ธโƒฃ In summary:

The whales' distance from exchanges is being read as a strong on-chain signal that the Bitcoin recovery is not yet over. ๐Ÿง ๐Ÿ“ˆ

โš ๏ธThis is not investment advice.

On-chain data reflects market sentiment and does not provide definitive directional flexibility.

#BTC #CPIWatch #BTCVSGOLD #USJobsData #USNonFarmPayrollReport