Here’s Why Bitcoin Analysts Say BTC’s ‘Full’ Bullish Momentum is Back
Summary
Market analysts indicate that Bitcoin has successfully re-entered a phase of full bullish momentum following a recent price correction. Key indicators supporting this outlook include the stabilization of the Bull Market Support Band, a recovery in the Stablecoin Supply Ratio reflecting increased liquidity, and a significant rise in on-chain network activity, such as transaction counts and active addresses. Furthermore, the positive shift in the spot taker cumulative volume delta suggests renewed institutional interest and sustainable buying pressure, signaling a strengthening market structure.
(Source:Cointelegraph)