🚀#Bitcoinis experiencing a massive withdrawal from exchanges as BTC price heads towards $60k!
- On August 27, net outflow from exchanges reached nearly 45,000 BTC, ranking 3rd in 2024.
- Since the beginning of the year, the number of BTC on exchanges has decreased by 12.5%, to only about 2,633,391 BTC.
- Analyst Amr Taha: "A large negative netflow usually shows bullish sentiment, investors want to hold BTC for the long term."
📉 However, BTC/USD is still struggling to surpass $65k. Trader Justin Bennett predicts it could reach $53k.
👉 What do you think about this trend? Comment now! 💬
#Crypto#Blockchain#Finance#BTC #MarketTrends