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Is Bitcoin's bear market approaching its final stage?
Bold price targets like $200K–$250K attract attention, but they shouldn't be the main focus.
The market becomes more interesting when the fundamentals start improving:
• Institutional capital continues to grow.
• Stablecoin liquidity keeps expanding.
• Long-term holders remain resilient.
• On-chain activity reflects real demand.
Price is the result. Fundamentals are the cause.
Smart investors focus on data before they follow the crowd.
Which indicator gives you the most confidence that the next Bitcoin cycle has already started?
#Bitcoin? #crypto. #onchain $BTC