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Bitcoin’s Net Exchange Flows Flip Bearish As Cryptocurrency Struggles For Directional Bias

A blockchain indicator tracking the flow of coins in and out of centralized exchanges is signaling a bearish shift in investor sentiment similar to the one seen before the May 2021 crash.Glassnode data shows the 90-day moving average of net exchange flows has turned positive, meaning more coins are entering

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Bitcoin’s $6.1 billion options expiry was not enough to break the bearish sentiment

Bitcoin's (BTC) price has been ranging between $46,000 and $52,000 for 26 days. Despite the large nominal $6.1 billion year-end options expiry, the bullish and bearish instruments were evenly balanced between $44,000 and $49,000.Therefore, it was no surprise that the $47,175 price at 8:00 am UTC on Dec. 31 brought

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