, the leading coin traded at $19,736.69 as of this writing.
The coin’s Relative Strength Index was at 35, below the neutral 50 region. With declining buying pressure, the coin’s Chaikin Money Flow was spotted below the center line at -0.15. A coin’s fund market premium is the value derived by dividing its Net Asset Value from the value gotten by subtracting the coin’s price from its NAV. Typically, the higher the premium, the higher the buying pressure.
He added further that “it would be possible to know that the bull market might return to us when the fund market premium turns into positive.”, BTC’s exchange reserve is on the rise. However, this growth sends a cautionary signal.