Where the chips are flowing—here are the clues:
“Some exchange Some exchange has listed BA perpetual contracts.”
After the news broke, I asked just three questions about the money flow:
1. Are large orders net buyers or net sellers?
2. Has trading volume for $BTC ($1.009 billion over 24 hours) increased significantly?
3. Are there any unusual on-chain outflows from exchanges?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust.
News usually affects sentiment first, but the money flow is what determines the direction.
#BTC
“Some exchange Some exchange has listed BA perpetual contracts.”
After the news broke, I asked just three questions about the money flow:
1. Are large orders net buyers or net sellers?
2. Has trading volume for $BTC ($1.009 billion over 24 hours) increased significantly?
3. Are there any unusual on-chain outflows from exchanges?
Only if all three point in the same direction does this news carry real weight; otherwise, it’s probably just a passing gust.
News usually affects sentiment first, but the money flow is what determines the direction.
#BTC