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CoinStats

Everyone is looking at the price. I’m looking at the flows. Volatility is still compressed. The last time we saw a setup like this, Bitcoin squeezed higher before eventually breaking down. That suggests there may still be room for one more push. But here’s the problem. $600M of USDT left exchanges over the last 24 hours. At the same time, 10,000 BTC moved onto exchanges. Less buying

bullish:

2

bearish:

2

bullish:

2

bearish:

2

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