Bitcoin's Inter-Exchange Flow Pulse (IFP) data suggests a potential price rally for the asset. The IFP measures Bitcoin flows to derivative exchanges, indicating whether the market is trending upward or downward. If the IFP crosses above the 90-day moving average, it signals an uphill movement, which has occurred in the past, leading to significant price increases.

In 2016 and 2024, similar trends emerged, resulting in Bitcoin hitting all-time highs. Currently, the IFP is below the 90-day average, setting the stage for a potential breakout. This trend has been observed in the past, where a prolonged period below the average led to a bull run.

The strategy suggests investing in Bitcoin when the IFP enters an upward trend. This trend has been consistent in the past, signaling bull and bear markets. The current situation is similar to the past, with bulls expecting a breakout if positions flip.

Bitcoin's Impact on the Market

Bitcoin's performance often leads to a wider market rally. In the last 24 hours, positive momentum in Bitcoin has led to slight gains in other crypto assets. A jump in Bitcoin prices can lead to more gains and improved market sentiments. Bitcoin ETFs can boost crypto performance as inflows continue into these funds.

Overall, the IFP data suggests a potential price rally for Bitcoin, which could have a positive impact on the broader market.