The Binance Netflow SMA14 turning negative for the first time since December 25, 2024, is seen as a significant sign in the Bitcoin market. According to cryptocurrency analyst Burakkesmeci, this trend indicates investor accumulation on Binance and supports the case for upward movement in Bitcoin's price in the short term. Historical data suggests that permanently negative SMA14 rates indicate strong investor sentiment and demand, with prices rising sharply after periods of negative trends. The negative change in Binance's Netflow SMA14 suggests increased investor interest in Bitcoin and a potential breakout. The current price of Bitcoin is $102.3K, and the SMA14 is around -500, indicating an accumulation phase and increasing bullish sentiment.



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