Well, I'm not much of a fan of technical indicators, but it would pretty obvious that on basic technical alone we are on an upward phase and through the last bear cycle.
Beyond that there are many major drivers at play which are super bullish for BTC demand.
-Conflict in various parts of the world leading to a demand for assets which are fixed in supply, easily divisible, and transferable across boarders.
-Inflation in many parts of the world, devaluing fiat currencies at a noticeable rate.
-Increasing education and awareness among our citizens as to why a global, uncensorable, uncorruptable, secure, digital, store of value and money, perfectly limited in supply, and decentralized, is so so important into the future we are heading.
-Numerous US BTC ETF's poised for approval for some of the largest funds in the world, which will result in hundreds of Billions of fund inflows into this asset class.
-Increasing understand and regulatory and technical and philosophical and economic understanding as to the difference betwen Bitcoin and "cryptos".
- The 2024 halvening due in around 6 months.
-The increasingly obviousness that the US will (and has almost no choice but to) embark on greater money printing than ever before.
-Ai increasingly making use of BTC as a base layer store of value.
-Countries globally looking to increase income taxes.
...all of which, when you combine with even just a slight increase of demand for this very unique limited in supply asset class, will lead to a MASSIVE upward movement once FOMO takes hold (which will gradually build up and then abruptly take hold and explode in a positive loop upward price cycle).
Oh, and major financial players coming out strongly in support of Bitcoin as the supreme asset class, different and better than all others. Here is a good example, an interview with Fidelity.
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