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Bitcoin Drops Sharply to 96K Despite Investor Accumulation: Bitcoin ended January 6 at $102,000, buoyed by positive inflows from ETFs worth $978.6 million. However, by January 7, the price had fallen sharply below $97,000. However, strong investment activity was still recorded on major exchanges, indicating that demand for Bitcoin remains high. According to an analyst at CryptoQuant, the 14-day simple moving average (SMA14) – which tracks inflows from Binance – has turned negative. Data from the chart shows that whenever the SMA14 turns negative, Bitcoin tends to increase in price. Bitcoin outflows from Binance reached 5,407 BTC, the highest level in the past month. “Both of these indicators confirm that investor behavior on Binance is leaning towards accumulation. This trend provides strong momentum for Bitcoin’s price to rise in the short term,” the analyst emphasized.#Bitcoin❗ $BTC
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Is been a long time I have been waiting to see your face so fanally I can see you today
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Binance Authorized to Sell Securities and Issue Crypto in Brazil Binance has received approval from the Central Bank of Brazil to acquire Simpaul, a licensed brokerage firm, marking its 21st regulatory milestone globally. This allows Binance to expand its services such as securities distribution and cryptocurrency issuance in Brazil, demonstrating Binance’s strong commitment to complying with anti-money laundering (AML) and counter-terrorism financing (CFT) standards. The world’s largest cryptocurrency exchange Binance by trading volume has become the first exchange to receive a brokerage license in Brazil – the largest country in Latin America in terms of both population and economic size.#BitcoinHashRateSurge $BTC
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Lol you can go ahead
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BTC FUTURE PRICE This would be BTC in future said by Trump Son#BTCNewATH $BTC #PriceCorrectionOrDip?
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