Coinbase Bitcoin Outflows Are The Strongest Bullish Signal "Ever"
Coinbase Bitcoin Outflows Are The Strongest Bullish Signal “Ever” Bitcoin price is trading above $50,000 once again, following a short-lived correction below the key level. Bullish news that Coinbase had filed to go public helped send the price higher this morning, but the real strength in the cryptocurrency comes from outflows leading the exchange. Here’s why one top quant analyst says that the 13K BTC outflows are the “strongest bullish signal” they’ve “ever seen.” 13,000 Bitcoin Leave Coinbase, Bought Below $50,000 Price Level During Dip A massive whale recently sold down t...
Source: newsbtc.com