Reported 3 days ago
Bitcoin's price is on the decline, with exchange supply dropping to its lowest in over six years. Investors are debating whether this is the right time to buy the dip, as significant BTC withdrawals indicate growing accumulation despite market uncertainty. Historically, decreasing exchange balances suggest a potential for market stabilization and recovery. With Bitcoin currently trading at $106,947, maintaining this level could lead to a rebound towards $108,000, but failure to do so may expose it to further losses.
Source: YAHOO