Quick information about the current price of #Bitcoin.
đThe platform reserve indicator is dropping very significantly and is reaching almost the same levels it reached at the bottom of the previous cycle.
đFrom the indicator, the significance of this can be clearly seen, with every significant drop in the platform reserve of Bitcoin, there was then a significant rise in the price, which is very logical due to the lack of supply of the currency on the platforms and thus keeping it in external wallets and not selling it. đ„
đAt the peaks, we also notice a significant increase in the value of the platform reserve (transfer for the purpose of selling).
We conclude in a simple way that the current situation means more acquisition of the supply of Bitcoin and keeping it outside the platforms until the price reaches new peaks.
