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Bitcoin Is Flowing Into American Platforms: Why This Is Bullish

  • US-based central entities have been increasing their Bitcoin share recently, leading to a surge in the Bitcoin US to The Rest Reserve Ratio.
  • The current uptrend in the ratio indicates a transfer of coins from foreign platforms to US-based ones, potentially signaling a bullish trend for Bitcoin.
  • Historical data shows that similar occurrences of a golden crossover in the past have led to rallies and new highs for Bitcoin.
  • While the current bullish momentum is favorable, a potential death cross could indicate the end of the bullish trend for Bitcoin, so vigilance is advised.

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