Bitcoin Signals Bullish Surge – Could It Reached $170,000?

Bitcoin’s bullish signals are back, echoing a similar pattern seen at its all-time high of $84,000. A resurgence in the hash ribbon buy signal suggests a potential rally towards the $170,000 mark. This time, long-term holders are accumulating over 600,000 BTC, indicating strong market confidence. Meanwhile, short-term holder activity remains subdued, further supporting bullish momentum. The Hash Ribbon Signal and historic data suggest this could be a powerful catalyst for price action.