#BTC short-term reserves trending upwards
BTC downtrend was broken and we are now trending sideways/upwards (in the short-term), meaning that we will possibly see the price action around 30k or below.
In the other hands, stablecoins reserves are trending upwards (mostly because of BTC selling) and not triggered by stablecoin inflow
Onchain for dummies:
1.) BTC reserves in CEX's
Trending upwards = Bearish
Trending downwards = Bullish
2.) Stablecoins
STC + BTC Reserves increasing = Bearish
Constant Inflow = Bullish
