CW8900
Bitcoin Inter-exchange Flow Pulse (IFP) indicator once again showing bullish signals.
The $BTC IFP indicator has formed a golden cross with the 90D MA line. The inflow of $BTC into derivatives exchanges is currently exceeding the 90-day average, indicating increasing capital inflows. After shifting to a bearish trend on September 12—a trend that persisted for some time—the market has now flipped back to a bullish trend. Even during the period when bearish signals were present, $BTC maintained an upward trend. While inflows to derivatives exchanges were below the 90-day average, there was no significant decline. Now, inflows are increasing again, setting the stage for a potential rally even stronger than the current upward movement. Historically, $BTC has shown significant rises when this indicator shows a bullish signal, and such a signal has now reappeared.