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Bitcoin Inflow on Binance Dips Below Bear Market Threshold

Even when Bitcoin is trading above $105,000, the monthly influx on Binance has dropped below crucial levels associated with a bear market. The inflow has fallen to merely 5,700 BTC, a figure that is historically low and even lower than during the previous bear phase.
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AI Analysis

The decline in Bitcoin inflows on Binance, despite the high trading prices, suggests a shift in investor sentiment. When inflows decrease significantly, especially to levels below those seen during pr...

AI Recommendation

Given the significant drop in Bitcoin inflows on Binance to levels below previous bear markets, a cautious approach is advisable. Investors should watch for additional signs of weakening demand or cor...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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