TLDR:Bitcoin’s 30-day average exchange netflow flipped from -3,950 BTC to +182 BTC between October 18 and 28.BTC traded near $80,000 as exchange inflows returned, but aggressive selling remains unconfirmed by current data.CryptoQuant analyst IT Tech flagged +2,000 BTC netflows and a break below $80K as downside risks.Crypto Patel sees $74,911 as a liquidity target, with a potential lower zone between $62K and $69K.Bitcoin exchange netflows have turned positive for the first time since September 21, signaling a shift in holder behavior.CryptoQuant data shows the 30-day average moved from an outflow of 3,950 BTC on October 18 to an inflow of 182 BTC on October 28. Bitcoin traded near $80,000 during the shift, with selling pressure still below levels seen during previous market downturns.Market analyst IT Tech warned that sustained inflows could become more concerning if net flows climb above 2,000 BTC. Meanwhile, Crypto Patel identified $74,911 as a key liquidity level, with a potential downside zone between $62,000 and $69,000.Bitcoin Exchange Netflows Signal a Shift in Holder BehaviorAccording to CryptoQuant.com, Bitcoin’s 30-day average exchange netflow climbed by 4,132 BTC in just 10 days. The shift ends roughly six weeks of sustained exchange outflows, when holders moved coins away from trading platforms.Positive exchange netflows mean more Bitcoin enters exchanges than leaves them. Traders often interpret this as a potential sign of selling pressure because exchange deposits make BTC easier to sell. However, deposits alone do not confirm that holders intend to sell.Bitcoin exchange netflow turned positive for the first time since September 21.“Holders stopped withdrawing, but sellers aren’t here in size yet.” – By @IT_Tech_PL pic.twitter.com/gsExwhJUIh— CryptoQuant.com (@cryptoquant_com) October 29, 2026The current reading remains far below levels recorded during previous market downturns. CryptoQuant data shows netflows reached roughly 4,000 to 5,000 BTC during February and June sell-offs. BTC subsequently fell from $88,000 to $63,000 in February and from $81,000 to $60,000 in June.IT Tech described the latest shift as a change in holder behavior rather than evidence of aggressive selling. The analyst’s assessment suggests traders should watch whether inflows accelerate before treating the signal as confirmation of another major decline.Bitcoin Price Faces Downside Risk Below $80,000Bitcoin traded at $79,791.87, down 2.06% over 24 hours and 3.19% over seven days, according to CoinGecko. Its ability to hold near $80,000 during the netflow shift remains important for assessing short-term market direction.BTC price on CoinGeckoCrypto Patel identified $80,108 as an inducement level and $74,911 as the next sell-side liquidity target. In trading, a liquidity sweep occurs when price moves through a level where stop-loss orders may cluster. Such moves can trigger additional selling before the market establishes a clearer direction.Crypto Patel also outlined a potential higher-low zone between $62,000 and $69,000 if Bitcoin experiences a deeper correction. However, a recovery scenario would require BTC to reclaim resistance and establish a bullish market structure. These levels represent the analyst’s trading roadmap, not confirmed price targets.Macroeconomic conditions add another variable to Bitcoin’s outlook. The Federal Reserve held interest rates at 3.75% to 4.00% on October 28, with two officials favoring a 25-basis-point increase. That dissent points to persistent inflation concerns, which could weigh on risk assets if markets anticipate tighter monetary policy.THE FED JUST DROPPED A WARNING FOR CRYPTO & STOCKS.The Fed held rates at 3.75%–4.00% in a 10–2 vote.But 2 officials wanted a 25 bps HIKE. Crypto: $BTC & altcoins face pressure if rate-hike fears rise.Stocks: Tech & growth stocks could struggle with higher-for-longer… pic.twitter.com/4hmWGZWtOu— Crypto Patel (@CryptoPatel) October 29, 2026The December Federal Reserve meeting is therefore another potential catalyst for Bitcoin. Cooling inflation could support a recovery in risk assets, while persistent price pressures could reinforce expectations for higher rates.For now, traders face two signals: rising exchange inflows and Bitcoin’s struggle to maintain support near $80,000. A sustained increase above 2,000 BTC in average netflows, combined with a breakdown below $80,000, would strengthen the bearish case. The post Bitcoin Exchange Netflows Turn Positive as BTC Holds Near $80K Amid Fed Rate Decision appeared first on Blockonomi.