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Bitcoin Spot Buying Reignites On Binance As Spot Net Volume Delta Turns Bullish

  • Bitcoin's market dynamics are showing promising signs of bullish momentum after surpassing the $105,000 mark.
  • The Spot Net Volume Delta on Binance has turned positive, indicating increased spot market buying momentum in response to BTC's performance.
  • A surge in spot volume suggests renewed interest from institutional and retail investors, potentially supporting a sustained rally for Bitcoin.
  • Analysts predict that Bitcoin could peak at $207,701 in this cycle, with key resistance levels and Fibonacci extension levels pointing towards potential future price movements.

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