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The Bull Run Continues As Bitcoin Hits Strong Buy Zone

Time's Running Out For Bears, Analyst Says Full-Blown Bitcoin Bull Trend Coming

Altcoins may be dealing with intense market pressure but Bitcoin isn’t, despite the slight plunge in Bitcoin’s price this week. To take the decline in price as a sign that the bull run is over may not be as beneficial as it may currently look, according to new on-chain data that says otherwise.

CryptoQuant, a leading on-chain data platform has published a new set of data in which a “buy-the-dip” signal indicates that Bitcoin is in a strong buy zone.

Whales have stomped the market, sending the exchange inflow to astronomical levels. Usually, this could incite a bear market, but in the long-term, the charts may play in favor of those who don’t fret during this period.

The $BTC buy-the-dip indicator says we're still in a strong buy zone.

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