The decrease in the balance of $BTC on exchanges indicates accumulation. Over the past week, investors have purchased more than 27,976 $BTC for a total of over $2.88 billion. This has reduced the available supply to approximately 3 million $BTC . Many believe that Bitcoin has not yet reached its historical maximum, which encourages further investments. Current price levels are perceived as a temporary opportunity. FOMO remains a significant factor, as both retail and institutional investors are betting on the coin's growth.
