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BITCOIN EXCHANGE RESERVE πŸ“‰πŸ“‰πŸ“‰

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BINANCE:BTCUSD   Bitcoin
πŸ“‰ WHY I AM BULLISH ON BITCOIN FROM A FUNDAMENTAL-MACRO PERSPECTIVE ?

βœ… Exchange reserve is a collective measure of potential coins that are ready to be sold in the market.
Exchange Reserve is the accumulated result of Exchange In/Outflow & Netflow which naturally follows the indications that in/outflow has. Similar to Exchange NetFlow's interpretation, an increasing trend in netflow indicates the selling pressure and the decreasing trend indicates the buying pressure.
However, instead of Exchange In/Outflow & Netflow indicating the specific moment or period, Exchange Reserve is easy to track the result of the entire period's movements


βœ… It indicates the degree of accumulated selling pressure in the exchange

High : High selling pressure
A large number of coins are staying in the exchange to be traded indicating high selling pressure

Low : Low selling pressure
A Small number of coins are staying in the exchange to be traded indicating low selling pressure


βœ… It shows the changing status in scarcity

Increasing trend: Decreasing scarcity -Bearish
More coins are available in the exchange indicating decreasing scarcity of coins that are being traded which supports bearish movement

Decreasing trend: Increasing scarcity - Bullish
Fewer coins are available in the exchange indicating increasing scarcity of coins that are being traded which supports bullish movement

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