🚀 Bitcoin's Disappearing Act: What Does It Mean? 🤔

Bitcoin reserves on exchanges have hit a new low, dropping to 2.62 million BTC, down 12.9% since January! 📉

CryptoQuant's Gaah suggests this could mean less selling pressure and a bullish market ahead if demand grows. Investors are moving their Bitcoin to cold wallets, indicating long-term confidence.

Pseudonymous trader MartyParty hints at a looming supply shock, while Bitcoin for Freedom notes 56,000 BTC moved off exchanges in just a week!

Bitcoin's current price? $58,970. Will it break $60K soon? Share your thoughts below! 💬