Data from Santiment shows that BTC exchange rate transfer is at ATH. The price of BTC has decreased slightly in the last 24 hours. Daily technical indicators are bearish for the market leader.
Blockchain research firm Santiment posted a tweet today about the crypto currency that has left the exchange and remains in private custody. In the post, Santiment shared a 10-year snapshot that shows how investors have made their money in private equity over time.
The tweet added that “coins and securities continue to set new highs.” Currently, 18.2 million Bitcoins (BTC) are stored in private storage solutions. Currently, the number of coins on the exchange is estimated at 1.2 million BTC, a 4-year low.
At the time of going to press, the price of the crypto market leader stands at $16,816.49. This is a price decrease of 0.19% in the last 24 hours, according to the crypto market monitoring website CoinMarketCap.
The price of BTC is still down 5.18% in the last 7 days, and the crypto market is down 0.10% in the previous day. This leaves the total crypto market capitalization at around $809.39 billion.
BTC price is challenging the 9-day EMA, which is the main resistance in this wild market. The daily technical indicators are bullish, while the 9-day EMA is below the 20-day EMA and the daily RSI line is positioned below the daily RSI SMA line.
In addition to the 9-day EMA being set below the 20-day EMA and the daily RSI being set below the daily RSI SMA line, the 9-day EMA is breaking below the 20-day EMA line and the daily RSI line. goes down well. toward oversold territory. Both of these technical conditions are bearish and suggest a continuation of the downtrend.