📉 WHY I AM BULLISH ON BITCOIN FROM A FUNDAMENTAL-MACRO PERSPECTIVE ?
✅ 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
✅ 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
✅ 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