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Evan 🎩🍿
@evaniko
Bitcoin stocks on Binance, the world's largest centralized crypto exchange (CEX) in terms of trading volume, fell to a low in January 2024. Then just two months later, in March, the price of the first cryptocurrency soared by 90% and updated the record above $73,000. If bitcoin now follows the same pattern with its current price above $95,000, it could exceed $180,000 in a few months. A reduction in reserves at CEX usually signals that investors are transferring bitcoin to cold, non-custodial wallets and are optimistic about its long-term price prospects. I hope that it will be so. Withdrawal periods are often a sign of positive market dynamics. What is your opinion on this?
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bubamara🎩
@bubamara
this is a good sign, a little consolidation and up again. 972 $DEGEN
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