have been acquired since February 23rd, a sign of a major shift in market dynamics. This surge in demand is reminiscent of the activity we saw after the FTX collapse, when the market hit its bottom. It seems we might be witnessing the beginning of something big. 📈

👀 Current BTC Price Action

Bitcoin is currently priced at $84,347.65, down just 0.02% in the last 24 hours. Despite this slight dip, BTC is on the edge of breaking out from a descending wedge channel that’s been in place since the start of 2025. A breakout above $87,379.59 could mark the beginning of a bullish trend, while failure to break through may push the price down to the $78,296.26 support level.

🔍 BTC Network Activity: Positive Signs

CryptoQuant data shows an increase in active BTC addresses (+0.96%) and transactions (+1.66%), reflecting growing engagement from both retail and institutional investors. This is a clear indication of increasing demand and confidence in BTC. 📊