🔥🔥🔥 Bitcoin on exchanges falls to a new low and may signal a major price spike:
A record low amount of bitcoin on exchanges indicates a bullish trend, potentially leading to new all-time highs.
♦️ Bitcoin's presence on centralized exchanges has hit a historic low, signaling a shift that could set the stage for a significant price surge. Austin Arnold, Host of Altcoin Daily, recently highlighted this critical development, suggesting that this trend might indicate a bullish future for the leading cryptocurrency.
♦️ Arnold pointed out that the sharp decline in bitcoin's presence on exchanges is a strong indicator of a bullish market. When investors move their bitcoin off exchanges, they are typically signaling an intent to hold rather than sell. This movement of bitcoin into cold storage suggests that holders are confident in the asset's long-term value and are not looking to liquidate in the near future.
Bitcoin on exchanges falls to a new low and may signal a major price spike
A record low amount of bitcoin on exchanges indicates a bullish trend, potentially leading to new all-time highs.
Altcoin Daily10 hours ago
Bitcoin's presence on centralized exchanges has hit a historic low, signaling a shift that could set the stage for a significant price surge. Austin Arnold, Host of Altcoin Daily, recently highlighted this critical development, suggesting that this trend might indicate a bullish future for the leading cryptocurrency.
Arnold pointed out that the sharp decline in bitcoin's presence on exchanges is a strong indicator of a bullish market. When investors move their bitcoin off exchanges, they are typically signaling an intent to hold rather than sell. This movement of bitcoin into cold storage suggests that holders are confident in the asset's long-term value and are not looking to liquidate in the near future.
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