Bitcoin (BTC) Breaks 7-Year Old Record In Inflows; What Does It Mean?

Bitcoin (BTC) News: The wait for Bitcoin (BTC) price breakout from the current level continues to frustrate retail traders. On chain data suggests that the current BTC exchange inflows is having a historically low patch, going by the numbers in last two weeks. However, if the BTC inflows edge higher and break the trend, it means the wait continues. Essentially, a spell of high BTC exchange inflows could mean the Bitcoin local bottom is not priced in yet. It should also be kept in mind that the current market cycle broke many patterns like this and hence made it unpredictable at times.