Bitcoin Magazine: Bitcoin is ready for the continuation of the bull market after halving
According to an analysis by Bitcoin Magazine, Bitcoin is ready for the continuation of a bull market after its halving. The analysis shows that the market has completely reset from last month's overbought status and is ready to advance again. On-chain indicators are exactly what was expected at the end of mid-cycle adjustments. Price indicators show that bullish trends remain intact, while derivative markets have regained balance in multiple aspects. Finally, global macro data still aligns with predictions that economic slowdown will shift investors towards safer assets, whether in the United States or globally.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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