🔥 BULLISH: The supply of Bitcoin on exchanges drops to a new historical low!
━━━━━━━━━━━━━━━
📉 Data:
– The amount of $BTC available on trading platforms hits an all-time low
– Indicates that investors prefer to store Bitcoin in cold wallets
━━━━━━━━━━━━━━━
💡 Why is this important?
– A decrease in the available supply for sale can cause upward pressure on the price
– Reflects long-term confidence from investors
– Interpreted as a positive signal from "whales" and institutions
━━━━━━━━━━━━━━━
📈 Strong indicator of:
– The market entering an accumulation phase
– The likelihood of an upcoming rise driven by a lack of liquidity on exchanges
━━━━━━━━━━━━━━━
❓Do you think we are on the brink of a historic bullish breakout? Or is caution still required?
━━━━━━━━━━━━━━━
📍 If you liked the content, support me with a like and follow to stay updated
LEGENDARY_007