First, the data: $BTC (24h +0.49%)
Market news: Over the past 7 days, CEX platforms saw net outflows of about 15,000 BTC, with Binance outflows exceeding 16,000 BTC.
A somewhat bearish signal. Keep an eye on the support below; if it breaks, look to the next level down. My usual approach is to track performance one hour and one day after the news separately.
For reference only. Trade at your own risk.
Market news: Over the past 7 days, CEX platforms saw net outflows of about 15,000 BTC, with Binance outflows exceeding 16,000 BTC.
A somewhat bearish signal. Keep an eye on the support below; if it breaks, look to the next level down. My usual approach is to track performance one hour and one day after the news separately.
For reference only. Trade at your own risk.