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Critical Bitcoin Indicator Flips Bullish – On-Chain Data Confirms BTC Uptrend

  • Bitcoin has surged above $69,000, approaching the previous all-time high of $73,000.
  • Glassnode data shows a bullish shift in BTC trend, with the MVRV ratio flipping positive.
  • The upcoming US presidential election and positive market sentiment could drive further price appreciation.
  • BTC faces critical resistance levels, with the $70,000 milestone holding significant buying pressure.

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