IFP jumps above 90-day average, signals Bitcoin bull market

Ali Martinez flags BTC buy signal as IFP crosses 90‑day average

Bitcoin trades near $70k this weekend. An on-chain “buy alarm” just triggered.

On March 21, analyst Ali Martinez said the Inter-Exchange Flow Pulse (IFP) flipped above its 90‑day moving average. He called it a buy signal and shared a chart on X here.

IFP tracks BTC flows between spot and derivative venues. Rising IFP means more BTC heads to derivatives. That implies higher risk appetite and a bullish setup, per on-chain watchers explained here.

Martinez’s chart shows IFP fell below the 90‑day average early last year, flagging a bear phase since Q1 2025. BTC then topped above $126k and dropped about 45% from the cycle high source.

In recent weeks, IFP crossed back above the 90‑day line. Martinez wrote “big money is getting ready for a rally” post.

Investors should note IFP can lead price. The bullish impact may lag, as warned here.