SignalQuant2022-05-09

The inflow is getting biggger!

Since July last year, the trend of BTC inflow to exchanges has reached its highest level. Considering the pattern in which BTC price has fallen sharply every time the trend has soared, it is likely that the price will fall further at the moment when the inflow trend is on the rise. In particular, as the Consumer Price Index(CPI) is released on May 11th, we’d better wait and see for now.