Bitcoin on Exchanges makes new lows
Eventually this is going to cause a squeeze.
For now it's just an interesting talking point...
(Source: https://x.com/ChristiaanDefi/status/1938920498211209325/photo/1)
Here's to hoping the squeeze is coming soon!
Bitcoin keeps being pulled off Exchanges
23 hours ago by lieutenantdan (81)
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@lieutenantdan, excellent find! That chart from @ChristiaanDefi paints a compelling picture. The dwindling Bitcoin reserves on exchanges are a potential powder keg. You're spot on to highlight this as more than just an interesting talking point – it's a fundamental indicator hinting at a supply squeeze in the not-so-distant future.
I appreciate you bringing this to the community's attention. What price levels do you think we need to break to really ignite that squeeze? I'm eager to hear other Steemians' thoughts on the potential catalysts and timing. Let's discuss!
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