Bitcoin exchange flow trend flips bearish
Bitcoin flows between derivative and spot exchanges are the latest cause of alarm for those seeking bullish BTC price continuation.

Bitcoin exchange flow trend flips bearish
Bitcoin flows between derivative and spot exchanges are the latest cause of alarm for those seeking bullish BTC price continuation.

https://cointelegraph.com/news/bitcoin-price-metric-red-analysis-warns-bearish-phase


“When a significant amount of Bitcoin is transferred to derivative exchanges, the indicator signals a bullish period. This suggests that traders are moving coins to open long positions in the derivatives market,” he explained in a “Quicktake” market update."


Using the so-called Inter-Exchange Flow Pulse (IFP) metric, CryptoQuant contributor J. A. Maartunn revealed a dip in the volume of coins flowing between the two types of crypto trading platform.
