With the below-expected CPI data from the USA, $BTC has achieved a very good decline and has now reached the 70 thousand dollar band.
While this rise is taking place, we see that there are very enthusiastic purchases on the Binance exchange side. As you can see in the image below, the orange line graph represents Binance purchases. These purchases have a very positive effect on the rise, enabling the price to evolve into a more bullish structure.
However, I cannot say the same for Coinbase. The blue line graph you see in the image I left below represents Coinbase purchases. These purchases are relatively weak and weak compared to the Binance exchange. Since the Coinbase exchange generally represents the corporate side and the FED has an interest rate decision in the evening, this lack of volume on the Coinbase side will be replaced by volatile movements with the announcement of these decisions.
When we look at open positions: With the recent upward reaction, we see a clear increase in newly opened transactions in the general market.
That's all for this mini bulletin, friends. If you like this newsletter, you can show it by liking, commenting and RT.
I wish you lots of profit 🙏
