Bitcoin's cross-exchange flow pulse indicator has surged 136% from its March lows, according to CryptoQuant analyst Axel Adler Jr. The 7-day simple moving average (SMA) of this indicator has crossed above the 30-day SMA for the first time in months, suggesting a potential recovery in risk appetite among exchanges. However, Adler Jr. cautioned that another key indicator has yet to confirm this trend, indicating that the current signals require further validation.
Bitcoin Exchange Flow Pulse Indicator Rises 136% from March Lows
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