Bitcoin Outflow Ratio Reflects 2023 Accumulation Trends – Is a Long-Term Bullish Trend Ahead?

Bitcoin Outflow Ratio Reflects 2023 Accumulation Trends – Is a Long-Term Bullish Trend Ahead?

Bitcoin is presently stabilizing just under its all-time high of $112,000, with bullish investors strongly supporting the $108,000 mark as a short-term safety net. This tight trading range has fostered a tense yet optimistic atmosphere as market participants anticipate a significant shift that could influence the market's trajectory in the upcoming months.

In related news, current analysis indicates that the Bitcoin Coinbase premium is reflecting a growing interest from institutional investors, suggesting potential future bullish momentum.

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