According to TechFlow, CryptoQuant analyst Axel Adler Jr. said that the 30-day net flow average of Bitcoin on exchanges has fallen, indicating that Bitcoin is being bought faster than it is being sold. This shift in a falling market shows a bullish divergence, and market participants are using pullbacks to buy.
Analyst: Bitcoin on CEXs is being bought faster than it is being sold, and traders are taking advantage of pullbacks to buy
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