Bitcoin Exchange Inflow Spikes: Is a BTC Price Correction Imminent?
A notable inflow of Bitcoin to exchanges has sparked concerns about a potential sell-off. According to reports, approximately 17,000 BTC were deposited on exchanges, leading to questions about whether the price rally will be sustained. Despite this, there are indications that the spot market views the current BTC pricing as a buying opportunity. The development raises concerns about short-term price volatility, while the spot market activity suggests underlying confidence in Bitcoin's value.
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