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Massive Coinbase Outflow Means BTC Is Ready To Bounce Again

A Massive Coinbase outflow recorded means that the bitcoin price is ready to bounce again as the coin is reeling from a strong rejection from above the $60K which sent the number one cryptocurrency by market cap crashing down by more than $10K per coin as we can see more in our latest Coinbase news today. However, the massive ongoing outflows of BTC are still leaving a popular crypto exchange- Coinbase Pro at an alarming rate. The overall lack of BTC supply which shrinks further every day will be dominated by the demand and will cause the previously trending assets…

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3 Huge Trends Suggest Bitcoin Is Poised To Bounce Back After The Drop

3 huge trends are showing that Bitcoin could bounce back after the recent $1000 drop as the cryptocurrency saw a slight recovery since the lows hit at $11,400. The asset is now trading for $11,600 as of the time of writing but BTC is still about $1000 lower since the last high of $12,500 so let’ take a closer look at the price analysis in our Bitcoin news. The cryptocurrency could soon bounce further as the 3 huge trends suggest. These technicals don’t indicate that Bitcoin is ready to set a new year-to-date high above the $12,500. One analyst said…

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