Why $BTC Is Showing Bullish Signals
Primary bullish drivers:
1. Technical oversold rebound — momentum indicators rebounding from key levels.
2. On-chain accumulation — whales buying, fewer coins on exchanges.
3. Positive market sentiment shift — fear → greed cross and ETF inflows.
4. Futures market structure improving — open interest and funding rates favoured long positions.
Caveats:
• Bullish signs are strongest at short → medium term timeframes.
• Confirmation from price action above key resistances (e.g., daily closes above ~$70–72k) is still needed for confidence.
BTC
69,467.33
+0.63%