Key takeaways: Bitcoin inflows on Binance have dropped to 5,147 BTC, less than half of previous bear market levels, despite BTC trading above $105,000, signaling a possible decline in short-term selling pressure.Bitcoin has reclaimed its 50-day EMA, historically a signal for breakout rallies. Technical indicators, including rising spot CVD, point to strong spot demand and potential upside toward $120,000.Bitcoin (BTC) inflows and outflows on Binance can reveal insights into market sentiment. Data from CryptoQuant pointed out that BTC’s 30-day moving average (DMA) inflows on Binance dropped to 5,147 BTC on June 24, despite prices trading comfortably above $100,000. In fact, the…
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