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rBTC / Bitcoin Reserve on Exchanges

Reserve of STABLE on all type exchanges	rBTC
Reserve of STABLE on spot exchanges	rBTC-S
Reserve of STABLE on derivatives exchanges	rBTC-D

INTERVALS
Tier 1: 1M, 1W, 3D, 1D
Tier 2: 1M, 1W, 3D, 1D, 12h, 4h, 2h, 1h, 15m, 10m, 5m, 1m
Tier 3: 1M, 1W, 3D, 1D, 12h, 4h, 2h, 1h, 15m, 10m, 5m, 1m

Bitcoin Reserve on Exchanges - rBTC

What is it?

Bitcoin Reserve on exchanges (rBTC) is an indicator that shows the total number of Bitcoins stored in the addresses of cryptocurrency exchanges. It reflects the amount of Bitcoins held on platforms such as Binance, Kraken, KuCoin, and others at any given time.

Significance of the Indicator

ProsObserving the rBTC indicator provides an opportunity to understand how investors on centralized exchanges (CEX) react to market changes.

ConsiderationsLower number of Bitcoins on exchanges (low rBTC) suggests that investors may be less inclined to sell, which in turn may favor long-term Bitcoin price growth.Higher number of Bitcoins on exchanges (high rBTC) may indicate investors' willingness to sell, which is often associated with potential Bitcoin price declines.Delays in on-chain data metrics in exceptional circumstances can reach up to 40 minutes. Due to the structure of the Bitcoin blockchain, delays in these metrics typically range around 20 minutes.

RisksSudden, significant increases in rBTC can signal impending sharp price drops, which are often proportional to the magnitude of the reserve increase.

rBTC Chart

rBTC2 Chart

Analyzing these charts can help traders understand current market trends and sentiments, especially in the context of potential Bitcoin price movements in relation to its availability on exchanges. More information and advanced analysis can be found at MaxData.app/procharts.

Colors for the #rBTC indicator on Telegram

🔴 Sell Zone
🟠
⚪️ Neutral Zone
🟡
🟢 Buy Zone

Updated on: 07/03/2024

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