🔽 The number of Bitcoins on exchanges continues to decline.

👀 Despite all the efforts, Bitcoin has not yet been able to overcome the resistance at around $70,000.

🟡 Meanwhile, CryptoQuant reported a decrease in Bitcoin trading balance, which may indicate the withdrawal of coins to cold wallets. Over 51,000 Bitcoins were withdrawn from trading platforms over the past month, which led to a drop in the volume of cryptocurrency trading on exchanges to the level recorded in October 2021.