SignalQuant

'BTC inflow' growing trends may cause 'short-term' correction.

BTC price mostly faces corrections when BTC spot Exchanges Inflow(MA7) increases(⇒face emojis & orange arrows). However, we see 'a reverse trend' in October that its price went up while spot inflow(MA7) increased(⇒pink box). I think that 'the reverse trend' will bring some unexpected movement of BTC price soon. And BTC spot Exchanges Inflow is increasing now(⇒mint arrow). So we might see 'short-term' correction until some amount of the spot flew into exchanges has been dealt with.