$BTC Exchange Pressure Dissipates, Is Bullish Pivot Incoming?
Bitcoin is currently trading at $68,905 and showing clear signs of a supply squeeze following a brief period of volatility. On-chain data initially indicated a spike in exchange inflows, but those levels have now cooled off significantly. This pattern suggests that the immediate selling pressure has neutralized as long-term holders move assets back into private wallets. With the sell-side liquidations drying up, market momentum is shifting back toward the $70,000 resistance level.
The Fake-Out is Over: Why the BTC Correction is Your Launchpad!
The recent market correction was a strategic shakeout before the next major move. On-chain analysts have confirmed that the initial surge of exchange inflows has hit a wall. This is a massive signal for bulls because it means the selling pressure has evaporated. We have seen this cycle before where price dips cause a temporary inflow spike followed by a rapid decline in available supply.
With BTC holding strong at $68,905, we are resting on a solid foundation of support. As the supply on exchanges drops, the potential for a rapid upward move increases significantly.
The Bull Case:
* Exchange inflows are plummeting because sellers are exhausted.
* Institutional sentiment remains focused on buying the dip.
* Macro indicators are perfectly aligned for a breakout.
Prepare yourselves for the next leg up. This correction provided the entry point many were looking for and the recovery is now taking shape.
#MarketRebound