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Coinnounce

2022-12-02 09:12:06

A 44% rise in November in all exchange deposits. How did this reflect on the bitcoin price?

A 44% rise in November in
all exchange deposits. How did this reflect on the bitcoin price?

According to on-chain measurements, all exchange BTC deposits increased by 44% in November. Similar deposit inflows have caused a 20% decrease, which would predict Bitcoin's price to the $13,000 range.

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