I just noticed something interesting in Bitcoin's on-chain data. Realized losses are near zero right now, which has historically been a sign that sellers are running out of steam. That is exactly the kind of pattern that precedes significant rebounds.

The price has been consolidating between 60k and 70k over the past few months, and it seems to be finally finding a bottom. The most striking thing is that 60% of the BTC supply has remained unchanged over the past year, and long-term hodlers continue to accumulate. This provides strong support at these levels.

This week, Bitcoin already rose about 15% in the first half of April, and it is now testing resistance again. With the RSI trending upward and the fear and greed index at levels we haven't seen since March, many analysts' Bitcoin price predictions suggest we are close to a serious bullish move, at least in the short term.

The BTC bounces in recent days suggest there is enough demand building up in the consolidation zone. If it breaks out strongly, we could see a move toward 80k. Of course, macroeconomic factors remain unpredictable, so caution is advised. But technical and on-chain signals are aligned at this moment.