Bitcoin stocks on exchanges are rapidly decreasing, from 3.2 million at the beginning of 2023 to less than 2.6 million. Investors are transferring bitcoins to cold wallets, which indicates a reluctance to sell in the near future.

The price of Bitcoin has increased to $91,900 in 2024. However, the rapid rise may lead to a short-term correction, especially when the price approaches $100,000. This could spark new buyer interest, but also encourage some investors to lock in profits.

A decrease in stocks on exchanges indicates a decrease in supply and liquidity, which creates the conditions for a bull market. Investors seem to be following a long-term strategy, which indicates the maturity of the market. Growing institutional interest can accelerate this process.