"The amount of Bitcoin remaining on exchanges dropped to a 3-year low of just 2,825,703 BTC 📉. This shows low selling pressure and potential for price increases due to tight supply.

The approval of Bitcoin ETFs in the US has put additional pressure on Bitcoin supply.

However, we are yet to see full participation from major financial institutions.

And it is impossible not to mention the Halving event in April 2024, which has reduced the Bitcoin mining block reward.

What do you think about this situation? Please leave your opinion below in the comments section!#Bitcoin#CryptoNews"