Ignoring the Noise: Bitcoin’s Path to a $70K Breakout

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With a surge in liquidity, bitcoin could finally be on track to break out of its current price range.

The first month after the Bitcoin halving last month has been uneventful. However, this might change soon as CryptoQuant observed a serious spike in the volume of stablecoins entering the market.

Interestingly, there are significant jumps in stablecoin inflows at various points, often corresponding with movements in bitcoin’s price.

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