Exchange CDD Pressure Index #bitcoin cooling down, but still above 2.00🔺
Typically, peaks in this indicator are linked to a climax plus formation a low — and the market enters a new sideways trading range.
Once the indicator returns below Neutral Zone⬇️ it confirms that decline has ended and paves the way for #BTC price to rise again — until that happens, the market tends to remain in corrective trend.
#Onchain #exchange #BinanceProcesses$4.65BWithdrawals $BTC
Typically, peaks in this indicator are linked to a climax plus formation a low — and the market enters a new sideways trading range.
Once the indicator returns below Neutral Zone⬇️ it confirms that decline has ended and paves the way for #BTC price to rise again — until that happens, the market tends to remain in corrective trend.
#Onchain #exchange #BinanceProcesses$4.65BWithdrawals $BTC
