Is Now The Time To Buy Bitcoin? On-Chain Data Reveals Key Indicators

Bitcoin's price has rebounded to over $95,000 after a brief dip, showing a 7% increase in two weeks. CryptoQuant highlights key metrics to help investors identify optimal Bitcoin entry points. Historical data reveals that price corrections are normal during bull markets, offering buying opportunities. The Short-Term Holder Realized Price serves as a significant support level, acting as a buy-the-dip indicator. The "Flush of Open Interest" event clears speculative positions, creating potential entry points. Net Taker Volume, when below -$30,000,000, suggests exhausted sellers and potential price increases. Analysts emphasize the importance of maintaining key support levels, like the $93,580 zone. This zone represents significant buyer accumulation, and holding above it prevents potential sell-offs. Bitcoin's current upward trend is positive, but careful attention to support levels remains crucial.