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In other Bitcoin news today:
The Bitcoin (BTC) market has recently surpassed the activity levels of late 2017, when BTC started its historical rally that shot prices to an all-time high above $19,900
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
1/ Combining net $USDT & net $BTC flows
Reading chart: Left axis is net $USDT flows – net $BTC flows. So, for example, a $100M tether inflow & $100M btc outflow equals +$200M (both are bullish). In reverse, $100M tether outflow & $100M btc inflow equals -$200M (both are bearish) pic.twitter.com/KsPEK3Y87N
— Ceteris Paribus (@ceterispar1bus) November 11, 2019
Massive volume in BitcoinGuess what? Things are not as they may seem.Shrinking Spot market volume has been more than compensated for. Futures have swallowed the Spot market. BTC 90 day Volume was recently 40% more than the 2017/18 peak.
This has powerful implications. pic.twitter.com/LXRoF9NXoG
— Charles Edwards (@caprioleio) November 11, 2019