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Bitcoin Cools Off, But Smart Money Eyes What’s Ahead

  • Public interest in Bitcoin has decreased significantly, indicated by Google Trends and Wikipedia data, resembling past cycles' quiet phases.
  • While the market remains stable between $100K and $110K, indicators like the 17% drop in Bitcoin's 30-day active supply suggest accumulation, hinting at a possible bull run.
  • Global liquidity is on the rise, which historically benefits assets like Bitcoin, yet the Bitcoin Bull Score indicates a lack of strong upward momentum, leaving the market in a state of waiting for a potential catalyst.
  • Analysts see a possible rebound setup due to quiet accumulation by smart money, but a clear catalyst like regulatory clarity or a major institutional purchase is needed to spark a breakout in the market.

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