According to CryptoQuant, the well-known analyst Avocado (Avocado) announced the possibility of the continuation of the upward trend in the price of this digital currency by examining the data within the Bitcoin (BTC) chain. Indicators such as Fund Flow Ratio, Estimated Leverage Ratio and Binary Coin Days Destroyed indicate strong support for the current price and a positive long-term outlook for Bitcoin.

these on-chain signals are viewed as positive indicators of a potential bull run for Bitcoin.
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