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NEW: Bitcoin's momentum is slowing, with order flow and on-chain data signaling consolidation or a local top, per Bitfinex.

Spot volume has dropped, taker buy pressure has eased, and short-term holders, who bought below $80K, are increasingly taking profits.

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Skipper 6mo ago

"momentum is slowing" while companies and ETFs agressively bought 240K+ BTC in the past 3 months, yeah sure

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