#BitwiseBitcoinETF
⚡️ Binance's Bitcoin reserves have dropped to their lowest level since January 2024.
🧪 This typically indicates that investors are believing in Bitcoin's long-term prospects and are withdrawing funds to their decentralized wallets.
🟡 Previously, the drop in reserves preceded a 90% rally in Bitcoin.
The market is still intact as it trades between a resistance area near 100,000$ and support near 92,000$ . Bitcoin continues to test these two areas, which could indicate a phase of accumulation in preparation for the next launch.
