Bitcoin (BTC) Bounce Was Predicted, Here's What This Indicator Says Next

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Our Swissblock tool, the"Bitcoin Fundamental Index," triggered at the right time & level! We saw a clear bounce at around 60k per BTC on 1th of May to now 65k per BTC on 6th of may!On-chain data from the period shows a significant increase in transactions over $100,000, and a steady inflow and outflow on exchanges, indicating a relatively balanced market sentiment. The total inflow to exchanges was around $8.3 billion, with outflows slightly lower at $7.

Source: Digital Coin News (digitalcoinnews.net)

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