3 Reasons Bitcoin’s Bullish Trend Remains Intact Despite the Drop Below $84K

• Bitcoin briefly surpassed $87,000 but retraced to $83,800, yet institutional interest remains strong with over $2.5 billion flowing into spot Bitcoin ETFs.
• The amount of BTC on exchanges has dropped to a four-month low, indicating a shift towards self-custody and reducing selling pressure.
• Analysts suggest a potential bull market, with key indicators like rising network activity and a double-bottom formation pointing towards a possible price target of $100,000.

https://cryptopotato.com/3-reasons-bitcoins-bullish-trend-remains-intact-despite-the-drop-below-84k/