đ Bitcoin Bull Run on the Horizon? đ
Recent on-chain metrics and historical patterns suggest #Bitcoinâ may be gearing up for a significant rally.
đ Key indicators from #CryptoQuant show increased market confidence, with the Fund Flow Ratio and Leverage Ratio trending upward:
âŞď¸The 7-day Simple Moving Average (SMA) of the Fund Flow Ratio is at 0.05, historically marking the end of bear markets.
âŞď¸The 30-day SMA of the Estimated Leverage Ratio is also rising, reflecting growing investor confidence and interest in futures and options.
âŞď¸#long-term holders appear to be positioning themselves for potential gains, as indicated by the rise in Binary Coin Days Destroyed.
Historically, #bitcoinâď¸ tends to break out 154-161 days post-halving, and with 157 days since the last halving, a breakout could be imminent.
đ September has shown unexpected gains, and Bitcoin is now just 14.6% below its previous peak. Keep an eye on the marketâbig moves could be ahead!
