🔸 #Bitcoin exchange inflows have dropped to their lowest levels in nearly two years, indicating a significant decrease in selling activity. This slowdown suggests that fewer holders are looking to liquidate their positions. Such a reduction in selling pressure often signals that the market is nearing a bottom. A market bottom typically marks the point where prices stabilize before a potential recovery. Therefore, this trend may indicate that Bitcoin's price is approaching a low point and could soon reverse.
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🔸 #Bitcoin exchange inflows have dropped to their lowest levels in nearly two years, indicating a significant decrease in selling activity. This slowdown suggests that fewer holders are looking to liquidate their positions. Such a reduction in selling pressure often signals that the market is nearing a bottom. A market bottom typically marks the point where prices stabilize before a potential recovery. Therefore, this trend may indicate that Bitcoin's price is approaching a low point and could soon reverse.
{spot}(BTCUSDT)