On-chain data shows Bitcoin netflows have observed a sharp negative spike recently, a sign that could be bullish for the crypto.
Bitcoin Netflows Show 13.7k BTC Exited Exchanges In A Single Day
Како што истакна аналитичар во CryptoQuant пост, the BTC netflow has observed a sharp negative value recently.
На "сите размена на netflow“ е индикатор кој ја мери нето количината на Bitcoin што влегува или излегува од паричниците на сите централизирани централи.
The metric’s value is simply calculated by taking the difference between the exchange inflows and the одливи на размена.
When the value of the netflow is positive, it means a net amount of coins is moving into exchanges as inflows overwhelm the outflows.
Such a trend can be bearish for the price of BTC as investors usually deposit their crypto to exchanges for selling purposes.
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On the other hand, a positive netflow, when prolonged, can prove to be bullish for the value of the crypto as it may be a sign of accumulation from investors.
Now, here is a chart that shows the trend in the Bitcoin netflows over the last few months:
It seems like the value of the metric has been highly negative recently | Source: КриптоКвајт
As you can see in the above graph, the Bitcoin netflow observed a large negative value just a couple of days back.
This red spike amounted to around 13.7k BTC leaving exchange wallets in one day. From the chart, it looks like a similarly deep-negative value of the netflow was also seen earlier in the year.
Поврзано читање | ЕПА против. Биткоин: Дорси, Сејлор и други се противат на повикот на пратениците за акција против. Крипто рударство
Shortly following that previous spike, the price of the coin had a rally. If the pattern holds this time as well, then BTC may enjoy some uptrend in the near future.
БТЦ цена
Во времето на пишувањето, Цената на Биткоин плови околу 39.5 илјади долари, што е пад од 1% во последните седум дена. Во текот на изминатиот месец, крипто изгуби 15% од вредноста.
Табелата подолу го прикажува трендот на цената на монетата во последните пет дена.
Looks like the value of the coin has surged up over the last twenty-four hours | Source: BTCUSD на TradingView
Bitcoin has had a rough 2022 so far as the crypto’s price has struggled to make any permanent ground at higher levels.
The coin finally seemed to be making some real recovery just a month ago as it crossed the $47k mark, but since then the price has again dwindled down and now consolidates below the $40k level.
Избрана слика од Unsplash.com, графикони од TradingView.com, CryptoQuant.com
Source: https://bitcoinist.com/bitcoin-bullish-signal-netflow-sharp-negative-spike/