Bitcoin Preparing for a Major Move as On-Chain Signals Turn Positive

thecryptobasic2026-07-30 11:15:59

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Bitcoin Preparing for a Major Move as On-Chain Signals Turn Positive

Bitcoin is showing early signs of undervaluation as traders weigh improving on-chain metrics against mixed exchange flows and weak short-term demand. CryptoQuant author CryptoOnchain noted Bitcoin closed at $63,850.66 on July 28, down from its recent high of $66,520 on July 21.

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