Analysis: BTC cross-exchange flow surges by 136%, 7-day moving average crosses above 30-day moving average for the first time
ChainCatcher reports that according to on-chain analyst Axel Adler Jr (@AxelAdlerJr), the Inter-Exchange Flow Pulse for Bitcoin has risen 136% from its 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 towards a risk-on mode. However, one indicator has yet to issue a confirmation signal.
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