DivXMaN
Bitcoin Reserves Drop! Leverage Ratio Still High! Demand rising, supply.. disappearing.
Bitcoin Exchange Reserves (amount of BTC held in exchange wallets) took another dive to levels not seen since August 2018 when BTC was trading between $6K - $7K. At the same time Leverage Ratio took a dip as well but remains quite high; we need more to be wiped out. A fast pump may would do the trick and wipe out many shorts! Be ready for it! Two Takeaways: 1. The supply shock is getting worse by the block. Exg Reserves prove it. 2. Leverage being wiped out could be a catalyst to new highs