Part 4/7:
Flush of Leverage: With existing leverage significantly diminished at the $103,000 mark, the landscape is particularly ripe for upward movement. Lower leverage means a reduced risk of liquidation, a foundational element in the health of any bull market.
Technical Indicators Show Positive Signs: The prediction model noted a bounce from the 50-day moving average, suggesting that algorithmic trading and trend-following behaviors could enhance demand for Bitcoin.
Stablecoin Availability: The model identified a notable increase in stablecoins held on exchanges, indicating fresh capital poised to flow into Bitcoin.