Chaikin Money Flow ( CMF ) is a technical analysis indicator used to measure Money Flow Volume over a set period of time. Money Flow Volume is a metric used to measure the buying and selling pressure of a security for single period. CMF then sums Money Flow Volume over a user defined look-back period. Any look-back period can be used however the most popular settings would be 20 or 21 days. Chaikin Money Flow’s Value fluctuates between 1 and -1. CMF can be used as a way to further quantify changes in buying and selling pressure and can help to anticipate future changes and therefore trading opportunities.

Apart from March 2020, the only other time we reached this level was in 2011. After reaching this CMF level, there was more downside, but it’s hard to say that this time is the same as 2011.

Whale #3 is buying this dip. See bitinfocharts> Bitcoin rich list