Onchain: BTC anf ETH inflow & stablecoins outflow

Bitcoin / TetherUS BINANCE:BTCUSDT

MJShahsavar

Simultaneously with the inflow of Bitcoin and Ethereum into the exchanges, we are witnessing an increase in the outflow of stablecoins. (to see onchain analysis, check my youtube channel)
In the technical chart, this is accompanied by the forming and breakdown of a descending flag/ pennant pattern.
Both of these analyzes could indicate a possible decline in the price of bitcoin in the coming days

You might be interested in …

Trading View May 24, 2022

Bitcoin to 36000

Bitcoin to 36000 Bitcoin / TetherUS PERPETUAL FUTURES BINANCE:BTCUSDTPERP Murthy_Official The weekly Candles for the first time in history are becoming red so this week we can expect at least a recovery candle of 6 […]

Trading View March 30, 2022

CRV 27 % Buy setup

CRV 27 % Buy setup CRV / TetherUS BINANCE:CRVUSDT coocoolikoo hello !!! everything looks good. risk to reward = 2.3 the stop is the previous low + ATR(14) and the reason is if BTC drops […]

Trading View May 1, 2022

Forecasting BTC using Prophet library

Forecasting BTC using Prophet library Bitcoin / U.S. dollar BITSTAMP:BTCUSD best93826 This is the result of forecasting BTC using a web app that forecasts time-series financial data with two options: Prophet and Neural Prophet. The […]