Bitcoin Dips Below $91K as Exchange Inflows Return – What’s Next for Crypto?
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Bitcoin’s price action just hit a speed bump. The flagship cryptocurrency slipped below the $91,000 mark as a fresh wave of BTC began moving back onto exchanges—a shift traders often watch for potential selling pressure.
The Whale Watch is On
That movement of coins into trading venues isn't just a blip on the radar. It signals a change in holder behavior. Are large investors preparing to take some profit off the table, or is this simply a repositioning? The market’s holding its breath.
Beyond the Bitcoin Headline
While Bitcoin sets the tone, the entire digital asset ecosystem feels the ripple. Altcoins typically mirror BTC’s volatility, meaning today’s exchange inflow data could dictate short-term sentiment across the board. It’s a classic reminder that in crypto, the tide lifts or sinks all boats—sometimes with dramatic speed.
The dance between holding in cold storage and parking on exchanges continues. For now, the scales have tipped, adding a note of caution to the bullish chorus. After all, on Wall Street they say ‘buy the rumor, sell the news.’ In crypto, we often just buy and sell the rumor.