<ul data-eligibleForWebStory="false"><li>Bitcoin is consolidating just below its all-time high of $112,000, with $108,000 acting as short-term support, creating a bullish environment as traders await a market direction.</li><li>Outflows dominating Bitcoin suggest long-term investor confidence; holders moving BTC off exchanges indicates reduced selling pressure and strong conviction.</li><li>Bitcoin's tighter trading range between $103,000 and $110,000 indicates an imminent breakout, potentially to new price discovery heights or a downward trend.</li><li>Long-term investor confidence remains strong with outflows exceeding inflows, reflecting growing adoption by corporations and governments as a store of value, which could define Bitcoin's trajectory in the coming months.</li></ul>

Bitcoin Outflow Ratio Mirrors 2023 Accumulation – Long-Term Bullish Signal?

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