Bitcoin Reserves Crater to Record Lows – Are the Whales Loading Up for Liftoff?

Exchange wallets just bled out to levels not seen since the pre-2017 bull market. Retail’s panic-selling or institutional accumulation? The charts scream opportunity.

Supply shock incoming: With miners hoarding and ETFs vacuuming up liquidity, that 21 million cap starts looking real damn tight. Cue the ’number go up’ brigade.

Wall Street’s latest ’digital gold’ narrative conveniently ignores the 40% swings—but when did volatility ever stop a good old-fashioned FOMO rally?

In brief

• Bitcoin reaches $97,000 while deposits on exchanges drop to a record low.
• Technical and macroeconomic indicators suggest a high probability of a rise toward a new ATH.

Historic drop in bitcoin deposits on crypto exchanges

According to a CryptoQuant analyst, the number of BTC addresses sending funds to crypto exchange platforms has fallen to its. This decline suggests a clear intent from holders to keep their bitcoin. Perhaps they anticipate a strong short-term rise!

bitcoin holders seem to refuse to sell, preferring to bet on future appreciation.

The evolution of the economic cycle and the expected decisions from the FED could. A drop in interest rates (as speculated by some crypto analysts) would indeed favor risk assets like BTC. And not only that! It would also reduce the yields of traditional fixed-income products, pushing more investments toward cryptocurrencies.

Bitcoin: a bullish signal confirmed by technical analysis?

The BTC price recently crossed the $97,000 mark. It has thus reached its highest level since February. According to Ali Martinez, the next crucial threshold is at $97,530. A clean breakthrough would strengthen the, the last being at $108,786.

On his side, Titan of Crypto highlights that bitcoin shows a strong bullish monthly candle. He supports that the leading crypto is trading above several Ichimoku cloud technical indicators. These signals back a favorable outlook for the coming weeks. Analyst Burak Kesmeci even mentionsbased on the golden ratio model.

Faced with this momentum, the crypto market anticipates a gradual rise. This would be fueled by:

• a decrease in inflation;
• a return of liquidity to the financial markets.

The potential return on bitcoin thus becomes attractive again for crypto investors.

The combination of on-chain, technical, and macroeconomic signals creates a fertile ground for a new bitcoin surge. The coming days prove crucial to confirm this trend!

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