Bitcoin analysts show ‘apparent relationship’ between exchange flow and price

Bitcoin analysts show ‘apparent relationship’ between exchange flow and price
фото показано с : thenextweb.com

2019-9-9 19:26

There’s less Bitcoin flowing in and out of cryptocurrency exchanges lately, which indicates calm from those who’ve been keen to profit from its price movements — especially when compared to levels recorded in June and July.

In fact, the amount that traders have sent to major cryptocurrency exchanges is now on par with the total being taken off-exchange, reports Delphi Digital in analysis shared with Hard Fork. “It’s clear there were significant net outflows during the big rally in the second quarter of 2019, as bullish sentiment really started picking up and individuals were moving Bitcoin off exchanges because they had no intention of…

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Bitcoin (BTC) на Currencies.ru

$ 94773.98 (+0.17%)
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