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Bitcoin: S...
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Bitcoin: Should We Expect a New All-Time High Soon?

  • Bitcoin is currently in a bull cycle that started in November 2022, with strong support at $96,000.
  • Corrections during the current cycle have been shallow, indicating market maturity and a healthy consolidation phase.
  • Centralized exchange flows show a decrease in BTC movements, suggesting increased long-term holding and potential supply tightening.
  • Analyst Adler believes Bitcoin is set for another leg up towards a new all-time high, fueled by decreasing retracements and strong structural support.

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