Bitfinex Signals Caution as Bitcoin Remains in Consolidation Phase
Bitcoin continues to experience a prolonged consolidation period. The Inter-Exchange Flow Pulse has now turned bearish, indicating a potential decline in market sentiment. Traders face challenges as Bitcoin remains stuck in this phase.
The overall market sentiment plays a crucial role in determining Bitcoin’s direction. Investors should stay informed about market dynamics and consider their strategies in light of these signals. Closely monitoring changes in sentiment will be critical for making informed decisions.
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