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#BTC
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📊 The flows of Bitcoin to exchanges have dramatically changed.
The volume of BTC sent to exchanges by medium-sized traders has significantly decreased over the past few weeks.
On February 6th, such deposits amounted to around 12,600 BTC, but by February 22nd, they had dropped to approximately 2,990 BTC - a drop of almost 9,600 BTC over a short period of time.
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📊 The flows of Bitcoin to exchanges have dramatically changed.
The volume of BTC sent to exchanges by medium-sized traders has significantly decreased over the past few weeks.
On February 6th, such deposits amounted to around 12,600 BTC, but by February 22nd, they had dropped to approximately 2,990 BTC - a drop of almost 9,600 BTC over a short period of time.
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Bitcoin is currently attempting to hold above the 200-week EMA.
If it closes below this level, a significant sell-off could occur in the coming week.
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Bitcoin failed to hold above the 200-week EMA and has dropped.
The next downside target is in the $58K–$55K range.
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PREMIUM SIGNALS➕® -
#BTC/USDT Take-Profit target > 1 ✅ Profit: 131.1606% 📈 Period: 4 Hours 24 Minutes ⏰ 🔥
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🚨 Closed long positions yesterday. As "Pro-crypto" remarks were anticipated in President Trump’s State of the Union address.
Additionally, yesterday we saw strong ETF inflows after several days of outflow.
Possibility of short term breakout to $68k-$70k.
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#BTC
Additionally, yesterday we saw strong ETF inflows after several days of outflow.
Possibility of short term breakout to $68k-$70k.
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#BTC
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