Bitcoin bulls in control? – Not if these signals are right

Bitcoin’s MVRV Ratio has shown a positive rebound, reflecting potential bullish momentum, provided it remains above the 365-day SMA. While trading activity dips raise concerns, they may also indicate a market reset rather than degradation of price.

Despite a 2.27% rise in net profits, significant sell-offs have not yet occurred. Although participation is declining, this suggests traders are gradually locking in gains while still anticipating future price increases for BTC.