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Bitcoin’s Next Move: $300K in Sight as Whales Hold and NUPL Flashes Bullish

  • Bitcoin's NUPL trend suggests the bull market could extend well into 2025.
  • Whale activity indicates reduced selling pressure and sustained accumulation.
  • $300K remains a speculative target, dependent on macroeconomic triggers.
  • Bitcoin's market behavior mirrors past bull runs, with the NUPL indicator indicating the current rally still has room to grow. Institutional selling pressure has eased, leading to sustained accumulation. However, reaching $300,000 per BTC would require significant macroeconomic catalysts like Federal Reserve easing or regulatory clarity.

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