Bitcoin May Have Further Upside Potential Amid Rising On-Chain Activity and Macro Trends, Analysts Suggest
Bitcoin’s on-chain activity is showing renewed strength, indicating potential for further price appreciation amid evolving macroeconomic trends. Long-term holders are increasingly mobilizing their Bitcoin holdings, a pattern historically linked to significant market rallies. Analyst João Wedson highlights that Bitcoin remains above critical on-chain cost basis models, suggesting the market is still in an early bullish … Read more