US-based central entities have been increasing their Bitcoin share recently, leading to a surge in the Bitcoin US to The Rest Reserve Ratio.
The current uptrend in the ratio indicates a transfer of coins from foreign platforms to US-based ones, potentially signaling a bullish trend for Bitcoin.
Historical data shows that similar occurrences of a golden crossover in the past have led to rallies and new highs for Bitcoin.
While the current bullish momentum is favorable, a potential death cross could indicate the end of the bullish trend for Bitcoin, so vigilance is advised.