Exchange Whale Ratio hit the eight-month high, meaning $BTC might have a large red candle if the price drops. It’s supposed to be below 85% if this bull-run is legit. Otherwise, it’s likely to be a bull trap. Chart 👉

Exchange Whale Ratio hit the eight-month high, meaning $BTC might have a large red candle if the price drops.

It’s supposed to be below 85% if this bull-run is legit. Otherwise, it’s likely to be a bull trap.

Chart 👉 https://t.co/KO1jm5ZA2a https://t.co/HSwoKTjdhD

Source

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@canje9 @cryptoquant_com Because it’s the only reason why the price is going up. Institutions finally understood the “Digital gold” narrative. Lots of indicators have been bearish since 20k, and their buying power has been overriding all those signals. It can’t renew ATH without their power.

@canje9 @cryptoquant_com Because it’s the only reason why the price is going up. Institutions finally understood the “Digital gold” narrative.

Lots of indicators have been bearish since 20k, and their buying power has been overriding all those signals.

It can’t renew ATH without their power.

Source

Tagged :
Bitcoin (BTC) $ 43,823.74 1.15%
Ethereum (ETH) $ 2,351.82 0.37%
Litecoin (LTC) $ 77.92 5.25%
Bitcoin Cash (BCH) $ 251.82 2.16%