Bitcoin Price Prediction: Could It Skyrocket to $85K? Analysis

Recent indicators suggest Bitcoin might be poised for a significant price surge, potentially reaching the $85,000 mark. This optimistic outlook stems from several key factors. The ‘Value Days Destroyed’ (VDD) metric has reached its lowest point in years, indicating a shift towards accumulation rather than immediate distribution. Historically, this trend precedes bullish price movements. 💰 📈 On-chain data shows seasoned market players are transitioning from short-term profit-taking to strategic buying. Their behavior is particularly evident in the VDD metric. Let’s delve into why: 🧐