Bitcoin: Here's the 'ticking time bomb' traders should be aware of 

Bitcoin: Here’s the ‘ticking time bomb’ traders should be aware of 

Despite Bitcoin oscillating around the $40,000-mark over the last 48 hours, the outflow of BTC from exchanges continued its downward trend. Over the week, exchange balances have continued to decline to hit a new multi-year low of 13.0% of circulating supply. This pushes exchange balances to levels last seen in February 2018.  While the aforementioned …

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