📈 Inter-exchange Flow Pulse (IFP), an important indicator in the cryptocurrency world, measures Bitcoin's flow between spot and derivative exchanges. This data showing market sentiment aims to provide exposure to Bitcoin during periods when IFP is in an uptrend.

- 2016 example: IFP gave a bear signal by staying below its 90-day average, which was followed by a major bull run.

- Current situation: If IFP breaks above its 90-day average, the bulls may gain strength.

As a result, although past data provides clues for the future, there is no guarantee that the same situations will occur again. We can believe that there may be a bull market in Bitcoin in 2024 as IFP rises above its 90-day average. 🚀