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Bitcoin Exchange Netflows Turn Positive as BTC Holds Near $80K Amid Fed Rate Decision

Picture: Blockonomi

TLDR: Bitcoin’s 30-day average exchange netflow flipped from -3,950 BTC to +182 BTC between October 18 and 28. BTC traded near $80,000 as exchange inflows returned, but aggressive selling remains unconfirmed by current data. CryptoQuant analyst IT Tech flagged +2,000 BTC netflows and a break below $80K as downside risks. Crypto Patel sees $74,911 as a liquidity target, with a potential lower zone between $62K and $69K. Bitcoin exchange netflows have turned positive for the first time since September 21, signaling a shift in holder behavior.

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