Bitcoin’s Net Exchange Flows Flip Bearish as Cryptocurrency Struggles for Directional Bias
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A blockchain indicator tracking the flow of coins in and out of centralized exchanges is signaling a bearish shift in investor sentiment similar to the one seen before the May 2021 crash. Glassnode data shows the 90-day moving average of net exchange flows has turned positive, meaning more coins are entering exchanges than leaving. Sustained […]
Cryptocurrency