By looking at the number of Bitcoins transferred to exchanges in the past six months, it can be observed that the amount of BTC being deposited is decreasing. This is also a reason why Bitcoin's price has remained stable – fewer people are selling, and more individuals are unwilling to sell their holdings.
Currently, most people are hoping for Bitcoin to rise. Many institutions in the United States are even predicting that it could reach 200,000 or 300,000 in the short term. Additionally, with Trump continuously stirring things up, for many investors, what the president is doing might just present a profit opportunity.
Therefore, it can be seen that even though Bitcoin's price is already higher than it was at the end of 2024 and the beginning of 2025, the selling pressure from deposits into exchanges has decreased significantly compared to that time, nearly halving from the peak. This indicates that investors' mindsets have changed a lot over the past six months, and this shift in mindset is key to supporting Bitcoin's price.
Although selling has decreased, buying pressure is not very strong. Data shows that two weeks ago, the amount of Bitcoin being withdrawn was quite normal, but it has clearly decreased in the past two weeks, possibly indicating that some investors are hesitant to invest casually.
This does not mean that everyone is pessimistic about Bitcoin; the previously mentioned deposit data can already illustrate the situation. Currently, the buying pressure is weak, likely due to recent events, and new funds prefer to stay put for risk avoidance. However, those who have already invested have not changed their mindset.
Going solo and messing around will never lead to opportunities. Follow me closely, and I'll guide you to discover tenfold potential coins! Holding top-tier primary market resources!
