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
ដូចដែលបានចង្អុលបង្ហាញដោយអ្នកវិភាគនៅក្នុងគ្រីបតូក្វាន់ ក្រោយ, the BTC netflow has observed a sharp negative value recently.
"រាល់ការផ្លាស់ប្តូរ netflow” គឺជាសូចនាករដែលវាស់បរិមាណសុទ្ធនៃ Bitcoin ចូល ឬចេញពីកាបូបនៃការផ្លាស់ប្តូរកណ្តាលទាំងអស់។
The metric’s value is simply calculated by taking the difference between the exchange inflows and the លំហូរចេញនៃការផ្លាស់ប្តូរ.
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.
ការអានដែលទាក់ទង | គ្មាន Bitcoin សូម៖ លោក Warren Buffett និយាយថាគាត់នឹងមិនបង់ប្រាក់សូម្បីតែ 25 ដុល្លារសម្រាប់ Bitcoins ទាំងអស់នៅលើពិភពលោក
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: គ្រីបតូក្វាន់
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.
ការអានដែលទាក់ទង | EPA Vs. Bitcoin: Dorsey, Saylor, អ្នកផ្សេងទៀតប្រឆាំងនឹងការអំពាវនាវរបស់សមាជិកសភាសម្រាប់សកម្មភាព Vs. ការជីកយករ៉ែគ្រីបតូ
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.
តម្លៃ BTC
នៅពេលសរសេរ។ តម្លៃរបស់ Bitcoin អណ្តែតនៅជុំវិញ $39.5k ធ្លាក់ចុះ 1% ក្នុងរយៈពេលប្រាំពីរថ្ងៃចុងក្រោយនេះ។ ក្នុងរយៈពេលមួយខែកន្លងមកនេះ គ្រីបតូបានបាត់បង់តម្លៃ 15%។
តារាងខាងក្រោមបង្ហាញពីនិន្នាការតម្លៃកាក់ក្នុងរយៈពេលប្រាំថ្ងៃចុងក្រោយនេះ។
Looks like the value of the coin has surged up over the last twenty-four hours | Source: BTCUSD ស្តីពី 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.
រូបភាពលេចធ្លោពី Unsplash.com, គំនូសតាងពី TradingView.com, CryptoQuant.com
Source: https://bitcoinist.com/bitcoin-bullish-signal-netflow-sharp-negative-spike/