• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What is a Layer-1 (L1) Blockchain? L1 Problems & Future

2025-05-03

What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

2025-05-02

What Is a Layer-0 Blockchain Protocol?

2025-05-02

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    2025-05-03

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    2025-05-02

    What Is a Layer-0 Blockchain Protocol?

    2025-05-02

    What They Are and What They Are For

    2025-04-17

    What It is & Why it Matters

    2025-04-16
  • Videos

    ISO 20022 Cryptos: XRP, ADA, ALGO, XLM — Don’t Miss This Wave!

    2025-05-02

    Oil vs Gold vs Bitcoin: 5 Year Investment Returns

    2025-05-01

    🧨 More Bitcoin Gains Coming? 💎 All Signals Green! ✅

    2025-05-01

    Bitcoin Core Attacking Bitcoin

    2025-05-01

    💡 How Bitcoin Could Demonetize the Planet!

    2025-04-30
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»Bitcoin»Bitcoin: Is another bull run on the horizon?
Bitcoin

Bitcoin: Is another bull run on the horizon?

2024-02-25No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Avatar

Journalist

Posted: February 25, 2024


  • Bitcoin’s Inter-exchange Flow Pulse has trended upward in the past few weeks.
  • The coin’s historical performance shows that this may be a precursor to another rally.

Bitcoin [BTC] may witness another bull run in 2024, as the recent rise in the asset’s Inter-exchange Flow Pulse (IFP) suggested the growth in bullish sentiments. 

Pseudonymous CryptoQuant analyst Bullfighter inferred this in a new report. 

The IFP metric is used to analyze BTC flows between spot exchanges and derivative exchanges. When the metric increases, it suggests that more BTCs are flowing into derivative exchanges.

This movement often indicates growing interest and potential for a bull run. 

Conversely, when BTC’s IFP declines, it suggests that more coins are flowing out of derivative exchanges into spot exchanges. This signals a rise in negative sentiment and is usually a precursor to a potential bear run.

The analyst assessed the metric’s historical performance and found that in 2016, BTC’s IFP spent an extended period (55 days) below its 90-day moving average, indicative of a bear market. 

However, by June, this metric broke above the average and trended upward, a movement that was followed by a significant rise in the coin’s price. 

BTC Inter-exchange Flow Pulse

Source: CryptoQuant

A look at the current market showed that BTC’s IFP has been trending upward since the 7th of February, after being below its 90-day moving average for 43 days. 

According to Bullfighter:

“If the IFP breaks above its 90-day moving average again, we may see the bulls regain strength.”

Why you need to look both ways

Since BTC hit the $52,899 price mark on 20th February, its value has declined. Per CoinMarketcap’s data, the coin exchanged hands at $51,658 as of this writing, dropping 2% of its price in the past four days.

See also  About $1,000,000,000 in Bitcoin Yanked From Exchanges in Two Weeks As Whales Accumulate Ethereum and XRP: Trader

An assessment of BTC’s performance on the daily chart showed that the start of the price dip four days ago coincided with when its Awesome Oscillator began to return red upward-facing histogram bars.

This indicator measures the strength and direction of an asset’s trend over a given period.

When it displays red upward-facing histogram bars, it signals the presence of bearish sentiments despite the generally bullish outlook. 

BTC/USDT 1-Day Chart

Source: BTC/USDT on TradingView


Read Bitcoin’s [BTC] Price Prediction 2024-25


The slight decline in BTC’s key momentum indicators since the 20th of February lent credence to this position.

However, despite this, at press time, the coin’s Relative Strength Index (RSI) and Money Flow Index (MFI) remained above their respective center lines. 

Next: Will SHIB reach $0.00002 in 2024? ChatGPT’s prediction says…
Bitcoin Bull horizon run
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Oil vs Gold vs Bitcoin: 5 Year Investment Returns

2025-05-01

🧨 More Bitcoin Gains Coming? 💎 All Signals Green! ✅

2025-05-01

Bitcoin Core Attacking Bitcoin

2025-05-01

💡 How Bitcoin Could Demonetize the Planet!

2025-04-30
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Analysis

Art Gobbler NFTs Are Producing GOO Tokens. Should You Buy Them?

2023-02-26

Key Takeaways Art Gobbler NFTs have started producing GOO tokens. GOO can be used to…

Analysis

Solana News Can’t Help SOL Soar. What’s Next for the High-Speed Layer 1?

2023-02-25

Key Takeaways Solana made a number of big announcements at Breakpoint this weekend, but SOL…

NFT

Ex-Oasis Rocker Noel Gallagher Turns to NFTs to Top Foo Fighters in UK Chart Race

2023-06-07

NFT This week has seen Noel Gallagher’s High Flying Birds—the current band of the famed…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What is a Layer-1 (L1) Blockchain? L1 Problems & Future

2025-05-03

What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

2025-05-02

What Is a Layer-0 Blockchain Protocol?

2025-05-02

ISO 20022 Cryptos: XRP, ADA, ALGO, XLM — Don’t Miss This Wave!

2025-05-02
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 93,757.12
ethereum
Ethereum (ETH) $ 1,800.67
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.11
bnb
BNB (BNB) $ 596.96
solana
Solana (SOL) $ 143.80
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.168964
cardano
Cardano (ADA) $ 0.65742
tron
TRON (TRX) $ 0.24926
bitcoin
Bitcoin (BTC) $ 93,757.12
ethereum
Ethereum (ETH) $ 1,800.67
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.11
bnb
BNB (BNB) $ 596.96
solana
Solana (SOL) $ 143.80
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.168964
cardano
Cardano (ADA) $ 0.65742
tron
TRON (TRX) $ 0.24926