Bitcoin lost 245,000 holders in 5 days, signaling a potential bullish trend ahead.

Bitcoin saw a rapid decline of 245,000 wallets in five days, the fastest drop in nearly two years, as its price hovered just below the critical 200-day EMA at $82,041. This sharp reduction in holders is similar to a pattern seen in mid-2024 before a major bull run, suggesting strong conviction among remaining holders and potential for price growth. Additionally, US-listed Bitcoin ETFs experienced $277.5 million in outflows, ending a $1.7 billion inflow streak. Bitcoin's price action near the 200 EMA and positive money flow indicators hint at a possible shift from bearish to neutral-bullish momentum if it closes above $82,000 soon.