Yello, ParadiseClub Members! 😎 Ready for the latest scoop on Bitcoin’s next big move? Let’s decode a bullish signal that you shouldn’t ignore:
💎We’re seeing a significant development: the inflow of Bitcoin from other exchanges to Coinbase has picked up again. This means that demand for Bitcoin is increasing, which is a strong bullish signal. When coins flow into Coinbase, it often indicates that investors are gearing up for price increases.
💎On top of that, funding rates are currently neutral or even negative. This situation typically happens when there’s a lack of excessive speculation or over-leveraging in the market, which is actually a good sign. It reinforces the idea that Bitcoin is gearing up to make a strong push above $61,000.
💎So, what does this mean for you? According to our ParadiseTeam Professional Traders, the increased inflow to Coinbase combined with the negative funding rates is a powerful bullish signal of a potential breakout. If you’ve been waiting for the right moment, this could be it.
Stay focused, patient, and disciplined Paradisers🥂
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