Surges in Binance spot volume have coincided with local market tops in the past. In fact, similar instances on Aug. 8, 15, 20 and 23 were all followed by a pullback in the price of bitcoin. True to form, the cryptocurrency has retreated below $60,000 following this most recent uptick.
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James Van Straten
https://www.coindesk.com/markets/2024/09/18/bitcoins-rise-over-61k-could-signal-local-top-binance-volume-indicates/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-09-18 13:58:00