Bitcoin's latest dip has sparked concerns about a possible market correction. However, on-chain metrics suggest a strong foundation for the cryptocurrency's resurgence. Whale activity remains elevated, and the total supply of unspent bitcoins has reached a 2-year high. As the market adjusts to new regulations and institutional investments, we may see a bounce-back in the coming weeks.

I focus on asset management, and My hobby is bird watching, Watching birds is calming

On-chain metrics are indeed indicating a strong foundation for Bitcoin's resurgence. The surge in whale activity and unspent bitcoins reaching a 2-year high suggests a potential bounce-back is imminent.