CryptoOnchain
Negative technical divergence, high inflow of Bitcoin to exchanges and high outflow of stablecoin from exchanges
Bitcoin is below the 50W and 200W moving average resistance. On the other hand, from the point of view of technical analysis, we can find a RSI negative divergence on the chart Checking the on-chain data shows an increase in the inflow of bitcoins to exchanges and the outflow of stablecoins from exchanges. Technical charts and Onchain data confirm each other, and show increasing selling pressure below technical resistance