Bitcoin exchange outflows are still ongoing, indicating that someone is continuously pulling chips off the trading platforms. The market is now stuck in a narrow range, which doesn't seem like there is no demand, but rather like someone is buying while withdrawing. In terms of short-term momentum, this state usually means that upward movement will be temporarily suppressed, but once the selling pressure no longer actively pushes down, $BTC will be more likely to break out into a trending move. $BTC

BTC1.94%
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