The BTC All Exchanges Reserve Index shows that more BTC have been withdrawn from the market, which would then make the remained BTC become rarer, so the price of BTC is easier to pump rather than tumbling. In this way, the whales tend to catapult the BTC price to a much higher price by utilizing the BTC shocking shortage in supply unless more BTC are deposited onto exchanges to alleviate the shock in BTC supply.
As a result, decreases in BTC price are seen as a short-term streak, which takes place to liquidate the future orders and the mid-term prospect of BTC refers to the uptrend tendency due to the supply shortage of BTC on the market.
