The 30D average swung from -3,950 BTC to +182 BTC in 10 days. Six weeks of coins leaving exchanges are over.

- Netflow 30D SMA: +182 BTC (Oct 28) vs -3,950 BTC (Oct 18)

- Price held 80K through the shift

- Feb and June sell-offs ran at +4K to +5K BTC for weeks: 88K -> 63K and 81K -> 60K

Holders stopped withdrawing, but sellers aren't here in size yet.

If the average climbs past +2K BTC and 80K breaks, the 77K -> 75.8K zone is next.

Written by IT Tech