Bitcoin Breaks $102K, Signals Strong Accumulation With Exchange Ratio Dip

Bitcoin has surpassed the crucial mark of $102,000 and experienced a notable shift in exchange inflows and outflows. Data reveals an increase in coin off-platform movement, suggesting that investors are actively accumulating Bitcoin rather than selling. This trend aligns with historical patterns, hinting at potential price growth. 8 The latest CryptoQuant data shows the 30-day moving average ratio of Bitcoin’s exchange inflow/outflow falling below 0.95. This is a significant indicator for potential price rallies as it suggests more coin is leaving exchanges than coming in.