Yello, ParadiseClub Members! š Do you know Bitcoin buyers are in the crypto market driver’s seat without many sellers? Hereās the lowdown on whatās brewing in the Bitcoin market:
šCoinbaseās Cumulative Volume Delta (CVD) chart is lighting up. With $143M in buying pressure quickly closing in on March’s $152M peak, itās clear that the Bitcoin buyers are making their presence felt. Interestingly, sellers seem to be taking a backseatāthe average flow to exchanges over the past month hasnāt even surpassed the yearly average.
šWhat’s the view of ParadiseTeam Professional Traders? Since July, Bitcoin rallies have consistently mirrored strong buy-side interest on Coinbase. With increasing Bitcoin buyers’ presence and low exchange flows, the stage is set for some serious bullish moves. You need to watch closelyāthis could be the ignition for something big.
Stay focused, patient, and disciplined Paradisersš„
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