#BTCvsETH The decline in Bitcoin reserves on exchanges may trigger the price!
Bitcoin (BTC) reserves on trading platforms are currently experiencing a sharp decline, indicating a relatively strong demand for the currency. According to data shared by Charles Edwards, founder of Capriole Investments, this trend could lead to an explosion in the price of Bitcoin.
Edwards confirms that Bitcoin reserves on exchanges are in free fall, and historically, whenever reserves have significantly decreased over a short period (about two months), a sharp price increase has followed.