NewsBTC

28 March 2025

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Bitcoin Exchange Net Flow Remains Negative, Indicating Potential Price Rally

CryptoQuant reports Bitcoin (BTC) may be primed for a price rally due to negative net flow across exchanges since February 6. Key observations include:

• Negative net flow historically indicates bullish sentiment.
• Recent market volatility saw over $360 million in liquidations, primarily from long positions.
• Large BTC withdrawals suggest investors expect price increases and are moving assets to cold wallets.
• High outflows have historically led to significant BTC price increases.

Analysts also note:

• BTC reserves on exchanges are decreasing, potentially leading to supply shock-driven price rallies.
• The Relative Strength Index (RSI) shows a bullish trend, breaking a multi-month downtrend.
• Macroeconomic factors, such as potential changes in US tariffs, may contribute to market optimism.
• Bitcoin whales have resumed accumulation, indicating a positive market sentiment.

Current BTC price is $85,071, reflecting a 2.1% decline in the past 24 hours.