Bitcoin Spot Flow Analysis Indicates Slowing Sell Pressure

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Bitcoin is experiencing slowing sell pressure and increased accumulation during price dips, indicating a positive shift in market sentiment.

Recent analysis of Bitcoin's spot inflow and outflow data reveals a significant trend: although overall spot flows are still net negative, the sell pressure on Bitcoin is demonstrably slowing. The data further suggests that recent periods of increased inflows, characterized as 'green inflow spikes,' indicate that investors are accumulating Bitcoin during price dips rather than engaging in distribution. This shift implies a potential change in market sentiment, with investors increasingly perceiving current price levels as attractive opportunities for accumulation.

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