💥Current Events and Perspectives 💥
👉On-Chain Indicator and BTC Reserves on Exchanges:
🚂Analysis of the On-Chain indicator, especially the decline in BTC reserves on exchanges, suggests a potential outflow of Bitcoin from the exchange market. Theoretically, such a move suggests the possibility of BTC price increase. However, other indicators such as RSI indicate that the market may be overheated, which in turn may suggest an upcoming price correction. It is important to keep this discrepancy in mind and approach with caution. 🤖💰
💥Additionally, I would like to emphasize that as an informant, I impartially provide information about current trends in the cryptocurrency market, however, I do not encourage making specific investment decisions. I also advocate for informed actions without emotions.💥
