Recently, despite the fluctuations in Bitcoin's price and all liquidity manipulations, on-chain metrics continue to show a bullish trend for Bitcoin. On one hand, Bitcoin reserves on centralized exchanges are decreasing, while the realized market cap is reaching record levels, and investor confidence continues to grow. The continuous negative net flow with Bitcoin withdrawals from exchanges confirms positive sentiment. All these metrics indicate that Bitcoin is in a long-term bullish trend beyond short-term speculation. #bitcoin