Analysis: BTC cross-exchange flow surged by 136%, with the 7-day moving average crossing above the 30-day moving average for the first time
According to on-chain analyst Axel Adler Jr (@AxelAdlerJr), the btc-42">Bitcoin inter-exchange flow pulse has increased by 136% since the March low. The 7-day moving average has crossed above the 30-day moving average for the first time in months, indicating that the flow mechanism is shifting back to a risk-on mode, but there is still one indicator that has not yet issued a confirmation signal.
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