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Bitcoin metric says $100K BTC was the bottom: When will a rally to new highs start?

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Bitcoin’s inflow/outflow ratio fell to 2022 lows, and the cumulative volume delta shows short-selling pressure failing to push prices lower. Time for a rally?

Key takeaways:

 Bitcoin’s monthly outflow/inflow ratio has dropped to 0.9, signaling renewed long-term confidence and accumulation.

Despite aggressive short-side pressure on Binance derivatives, BTC has remained in a tight range between $100,000 and $110,000.

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