Yello, ParadiseClub Members! 😎 Have you seen the latest Bitcoin accumulation data? Let’s break down the latest data and what it could mean for Bitcoin’s future:

💎According to Glassnode, Bitcoin accumulation has skyrocketed over the last 30 days, with investors snapping up 88,000 $BTC—a staggering difference compared to the 13,500 BTC mined in the same period. This significant imbalance between supply and demand is a classic indicator of a potential supply squeeze and you know what that often leads to—price action. Historically, when investors accumulate large amounts of Bitcoin, it’s often in anticipation of an upward move in price.

💎What’s the view from ParadiseTeam Professional Traders? We saw a similar buying frenzy back in Q4 2023 and it was right before Bitcoin took off. This Bitcoin accumulation signals rising demand and hints at potential bullish momentum on the horizon. Traders are clearly positioning themselves for what could be the next big run and the market sentiment is looking more optimistic by the day. Bitcoin accumulation phases like this don’t happen every day, so stay focused on your strategy.

Stay focused, patient, and disciplined Paradisers🥂

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