$BTC Spot inflows went negative for the first time after a 10 day streak of $100M+ inflows.
It does seem like the point I made earlier this week about big inflows without price progression was a good reason to be cautious, as price is starting to correct a bit here.
This has been a pretty high value signal for the past 1.5 years since the Spot ETFs are live.
Always be on the look out for high in/outflows after big up/down moves.
If price fails to push further even though it is seeing a lot of flows in that direction, it generally makes us put in a local top/bottom. Plenty of examples so far and especially last Summer during the big range.
Best Time to Buy $BTC in Dips 👇🏻
