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PARAGRAPHThe outflow likely represents a bias for a long-term holding strategy, although some of it table, column, index, relation, view table, column, index, relation, view.
Exchange outflows have historically marked local price lows, supporting expectations prices.
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| Crypto parking cost | Learn more about Consensus , CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Exchange outflows have historically marked local price lows, supporting expectations of a medium-term price rise. Since that time, Jordan has worked as a content creator for multiple projects and as a crypto news journalist reporting on the latest developments within the cryptocurrency market. Moving Average On the weekly time frame, Bitcoin is currently trending bullish with the 50 day moving average currently sloping up and below the current Bitcoin price, which could act as a support the next time it interacts with it. Relative Strength Index Currently the RSI is above the neutral zone, which indicates the price is trending overbought with the price being able to keep RSI in that state for a while. |
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