BTC is a hot topic right now and as we are all aware there is a big move up on the cards.
But the hot topic is will we see a large Bear move first ?
Going off of some analysis of BTC LossesAdresses we can establish that we may be in fact ready to see another push up before a major bearish reversal.
WHY DO I SAY THIS ?
1. According to 3 month addresses in the red we are currently at a standstill at 6.659 million wallets at a loss. To me this suggests the perfect bullish entry until January 2025.
Check out my 3 month chart on BTC_Lossesaddresses to confirm this trend.
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