Onchain: BTC anf ETH inflow & stablecoins outflow
Bitcoin / TetherUS BINANCE:BTCUSDT
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
![[SCALP] SHORT BTCUSDT @ SELLERS AREA](https://thebitcoinstreetjournal.com/storage/2022/05/14413016-c1z6_mid.png "[SCALP] SHORT BTCUSDT @ SELLERS AREA")
