🚨 21,000+ BTC Hits Exchanges – What’s Next for Bitcoin?
Over the last 96 hours, more than 21,000 $BTC has flowed into exchanges, signaling possible sell pressure. Yet, whales continue accumulating aggressively. So, where does Bitcoin go from here? 🤔
📊 Bullish Outlook
✅ BTC is forming a cup & handle pattern on the 4H chart—a classic bullish continuation setup.
✅ A breakout above $88,860 could ignite a rally to new highs.
✅ Institutional players & whales (including Tether & Bitwise) are accumulating, reinforcing long-term confidence.
⚠️ Bearish Red Flags
❌ Bitcoin’s network activity is at historic lows, similar to 2018 & 2021.
❌ Exchange reserves are rising, often a sign of potential corrections.
❌ If bulls lose momentum, BTC could retest $81,535 before the next upward move.
📉 Stock-to-Flow (S2F) Warning
The S2F ratio has dropped 71.43% in 24 hours, raising concerns about Bitcoin’s scarcity as a long-term value driver. A temporary dip or a fundamental shift?
🔎 The Final Take
Short-term volatility seems inevitable, but the broader bullish trend remains intact. Will Bitcoin reclaim momentum or is a cooldown on the horizon?
📊 WhiteBIT Chart: BTC/USDT (1D)
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