$BTC

Bitcoin has officially surged to a new all-time high of $110,800.00 marking a historic milestone in the crypto space. But while the price climbs, something even more telling is happening behind the scenes — the BTC supply on exchanges has dropped to its lowest level ever.

This divergence signals a looming supply shock, as investors increasingly shift their assets off centralized platforms and into cold storage, likely indicating a long-term holding mindset. Fewer coins available for trading means that any spike in demand could send prices skyrocketing.

If this trend continues, it’s not outlandish to forecast that Bitcoin could be on a fast track toward $200,000 — or even higher — sooner than expected. With limited supply and increasing institutional interest, the stage is being set for the next explosive leg of the bull run.