The Bitcoin Inter-Exchange Flow Pulse metric is flashing what traditionally signals the start of BTC price downside. Bitcoin risks entering a new “bearish phase” as investors reduce risk exposure at current prices. In fresh findings on Feb. 15, onchain analytics platform CryptoQuant warned that BTC was increasingly leaving derivatives exchanges. Bitcoin exchange flow trend flips bearish Bitcoin flows…
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Bitcoin derivatives metrics shifted as BTC price fell under $59,000. Are lower prices incoming? Bitcoin declined by 5.3% between Oct. 9 and Oct. 10, reaching a three-week low of $58,900. The market correction began after the United States reported higher-than-anticipated consumer inflation data, suggesting traders are concerned that the Federal Reserve has less incentive to…
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