๐ฅ BITCOIN VOLUME IS TELLING A STORYโฆ ๐โฟ
BTC is currently around $85.3K, with Binance showing about $28.8B in 24-hour volume and a $1.7T market cap.
But hereโs the interesting part ๐
๐ Volume vs. Price
BTC is holding near the upper part of its recent range, while Glassnode says spot demand has remained positive but ETF demand has cooled and ETF trading volume is near its lower band.
๐ Exchange Flow
Around 1,071 BTC were withdrawn from exchanges on Oct. 4, with roughly 6,036 BTC of net outflows over seven days. That can reduce immediately available exchange supply, although outflows alone donโt prove accumulation.
๐จ THE REAL QUESTION:
If BTC gets stronger volume + breaks $87K, do we finally see a move toward $90K? ๐
Orโฆ
๐ Price rises while volume weakens โ possible trap?
๐ BULL ๐ or BEAR ๐ป?
Comment your BTC target! ๐ฏ
โ ๏ธ Volume and exchange flows are signals, not guarantees. Crypto can reverse quickly.
#Bitcoin #BTC #CryptoNews #BinanceSquare $BTC #BitcoinTrading
BTC is currently around $85.3K, with Binance showing about $28.8B in 24-hour volume and a $1.7T market cap.
But hereโs the interesting part ๐
๐ Volume vs. Price
BTC is holding near the upper part of its recent range, while Glassnode says spot demand has remained positive but ETF demand has cooled and ETF trading volume is near its lower band.
๐ Exchange Flow
Around 1,071 BTC were withdrawn from exchanges on Oct. 4, with roughly 6,036 BTC of net outflows over seven days. That can reduce immediately available exchange supply, although outflows alone donโt prove accumulation.
๐จ THE REAL QUESTION:
If BTC gets stronger volume + breaks $87K, do we finally see a move toward $90K? ๐
Orโฆ
๐ Price rises while volume weakens โ possible trap?
๐ BULL ๐ or BEAR ๐ป?
Comment your BTC target! ๐ฏ
โ ๏ธ Volume and exchange flows are signals, not guarantees. Crypto can reverse quickly.
#Bitcoin #BTC #CryptoNews #BinanceSquare $BTC #BitcoinTrading