In short

  • Bitcoin whales transfer coins to an exchange site while retail investors buy on the upside using leverage

  • Institutions in the U.S. are far off, while Coinbase Premium is negative

  • Bitcoin needs to close above the USD 81,700 level to confirm a new bull market

Read the original story. Analysts believe Bitcoin is less than USD 5,000 away from the bull market by Lockridge Okoth at th.beincrypto.com

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