<ul><li>The Bitcoin Puell Multiple, a metric used to gauge market tops and bottoms, has dropped to the 0.4 range for the first time since the end of 2022, indicating potential buying opportunities.</li><li>Bitcoin exchange depositing addresses are at their lowest levels since 2016, suggesting a decline in selling pressure and a bullish outlook for long-term investors.</li><li>Bitcoin is currently trading at $62,816, showing a slight decline of 0.63% in the past 24 hours, but still retaining gains and approaching resistance levels above $60,000.</li><li>Crypto analyst Ali Charts predicts that if the lower boundary holds, Bitcoin could rebound to levels around $60,200 or $62,000, but a break below $58,100 may lead to a drop towards $55,000.</li></ul>

Bitcoin Metrics Suggest New Buying Opportunities Are Underway

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