#Bitcoin

🔴 Red bar = Outflow from Exchanges (Outflow)
🟢 Green bar = Inflow to Exchanges (Inflow)
⚪ White line = Price
What we need are the red bars, meaning BTC withdrawals from exchanges.
📌 What does this indicate?
When BTC is moved from exchanges to cold wallets or other storage:
- Spot selling pressure decreases
- Supply tightens
- A foundation is formed for the price to move upward
However,
On its own, it is not sufficient to determine net flow direction.
It must be evaluated together with these data:
• Funding rate
• Liquidation map
• Open Interest
• RSI / divergence
If:
✔ Funding is negative / neutral
✔ Long positions have been cleared
✔ Netflow is negative (Outflow from exchanges) then
This combination generally increases the likelihood of
👉 Short squeeze
👉 Rebound rally
The current picture:
✔ Outflow from exchanges
✔ Price at the bottom after a sharp drop
✔ Selling pressure is relatively weakening
✔ Longs were cleared with yesterday’s drop
This environment generally
👉 Produces a rebound rally.
But it’s too early to call a trend reversal.
Netflow tells us:
Selling side is weakening.
But confirmation is necessary for the direction.
Stay tuned...