On February 15th, COINOTAG News reported that analyst Maartunn from CryptoQuant highlighted a troubling shift in the **Bitcoin Interchange Flow Pulse (IFP)** indicator, which has now entered a **bearish** phase. This specific indicator leverages unique **Bitcoin exchange flow data** to assess the movement of funds between **spot** and **derivative exchanges**. Such flow metrics are often a reflection of broader **market sentiment**. Typically, an increase in Bitcoin inflows to **derivative exchanges** signals a bullish outlook, while diminished outflows from these exchanges often suggest a shift towards bearish behavior. As analysts closely monitor these trends, fluctuations in the **IFP** could provide critical insights into potential market dynamics and investor behavior in the **cryptocurrency** sector.
Source: https://en.coinotag.com/breakingnews/bitcoin-market-sentiment-shifts-as-cryptoquants-interchange-flow-pulse-turns-bearish/