Bitcoin reserves on exchanges are steadily decreasing, suggesting that we may be in a phase of sustainable price increase. Many investors may be accumulating Bitcoin, realizing that this could be the final correction before a strong price increase.

The current situation is reminiscent of the period from March to November 2020, when reserves on exchanges were declining. By December 2020, as inflows to the exchanges increased, Bitcoin experienced buying pressure and reached a new high in a short period.