Bitcoin Seller Exhaustion Signals Price Surge!

Bitcoin's price has rebounded over 11% from recent lows, sparking speculation of a sustained recovery, as sellers seem to be backing off. Analysts, including @AlphaBTC and @rektcapital, emphasize the importance of Bitcoin holding key price levels like $81,500. Onchain data from @Glassnode suggests "seller exhaustion," as the magnitude of realized losses declines. This indicates a potential shift from bear to bull market, with @bbands hinting at a possible double-pronged bottom, setting up a hopeful price rally. Nevertheless, Bitcoin's next moves remain under scrutiny.