Analysis Company: “This Bitcoin Rally is Unlike Any Other!” – Miners Are Acting Extraordinarily

Research firm Novaque Research, in its report evaluating the recent rise in Bitcoin (BTC), stated that this rally is based on “more sustainable fundamentals” compared to previous ￰0￱ to the company's analysis, the decrease in selling pressure from miners, the renewed interest from investors and the strengthening of institutional positions indicate a structural transformation in market ￰1￱ report noted that the months-long decline in mining reserves has stopped and a reaccumulation trend has begun. This, it added, has eased supply pressure in the market and indicates that liquidity is shifting back toward ￰2￱ Research also noted that the bid-ask ratio in spot and futures markets, rising above 1.0, signaled renewed aggressive ￰3￱ shift from weak buying sentiment in late September to strong buying appetite in early October represents a “clear reversal in market sentiment,” according to the ￰4￱ News: BREAKING: Bitcoin Makes History, Sets New Record - Here Are the Latest Figures and What You Need to Know A similar picture is evident on the institutional ￰5￱ increase in short- and medium-term open positions in the CME options market indicates a renewed confidence among professional ￰6￱ stated that this increase, which parallels price increases, points to new capital ￰7￱ research firm noted that if this trend continues, a relief rally could be on the horizon, during which approximately $16 billion of short positions could be liquidated. *This is not investment ￰8￱ Reading: Analysis Company: “This Bitcoin Rally is Unlike Any Other!” – Miners Are Acting Extraordinarily