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✅🔊🚨$BTC price movement analysis using data and facts.
1. **Long-term Holders' Profits**: Long-term holders of Bitcoin, holding for over 150+ days, have achieved an unrealized profit of more than 200%, emphasizing the benefit of patience in the crypto market.
2. **Mining Firms Holding Bitcoin**: Top five mining firms are holding onto their Bitcoin resulting in a drop in sales to a two-year low.
3. **Bitcoin Price Fluctuations**: Bitcoin's price fluctuated, dipping below $60,000 twice in April but rebounding near $65,000, indicating a potential price rebound.
4. **Technical Indicators**: Technical indicators like the RSI have adjusted back to a neutral level, suggesting that Bitcoin might have reached a local bottom earlier in the week.
5. **Net Inflows into the U.S. Spot Bitcoin ETFs**: Net inflows turned negative around the time of the halving, contributing to Bitcoin's price dip, reflecting the market's volatility.
Please follow for more information and updates and help in doing better research. DYOR for financial activity as all this information is for education purposes. $SOL $SHIB #bitcoinhalving # BullorBear #WIF # SHIB #FET# ContentStar# #HotTopicDiscussion# #比特币#