$BTC Hey there, good people! Check out this gossip about Bitcoin/USDT. It's quite a "catfight"!
What's going on?
* Oh boy! In the last 5 days, a huge amount of Bitcoin has left: almost 8,331 BTC! It's like sour syrup, nobody wants it!
* For the wise... There are more people selling than buying. The thing is a bit "stuck".
* The big players in the game: The larger sales are coming from investors with deeper pockets. The cash is disappearing, especially now.
* Result of the struggle: In the end, more money has left than entered: -5,120 BTC in 5 days. Warning sign!
To understand quickly: The so-called "Netflow"!
This image shows the "Netflow". Think of a water tank: if you add more water, it fills up (price goes up). If you take more out, it empties (price goes down). In Bitcoin, they are taking more water out of the tank!
And what about Binance in this story?
Even with this outflow of cash from Bitcoin, Binance is strong! More money is flowing into it than into other exchanges. And to top it off, Bitcoin reached nearly $107,000!
Moral of the story:
Keep your eyes open! If most are selling, the price might "slip". But be careful, okay? Don’t make foolish decisions! Study and decide wisely.
Share this to keep everyone informed! If you need anything, I'm here!