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Bitcoin Outflow From Exchanges Suggests Confidence Crypto Rout Is Over – CoinDesk – CoinDesk

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May 27, 2021
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Bitcoin Outflow From Exchanges Suggests Confidence Crypto Rout Is Over – CoinDesk – CoinDesk
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With blockchain data showing bearish market sentiment is weakening, oversold bitcoin may succeed in establishing a foothold above $40,000. The cryptocurrency crossed above the psychological hurdle soon before press time, having put in lows near $37,000 during the Asian hours.

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