Tag Archives: BTC exchange reserves

Bitcoin Hits Exchange Reserve Lows as Bulls Eye $106K Rebound

Bitcoin Hits Exchange Reserve Lows as Bulls Eye 6K Rebound

Bitcoin exchange reserves have reached a new low, indicating strong accumulation by long-term holders. Price is down below $106K, and if buyers can’t regain control, the price could decline a lot more. Analysts expect a possible rebound in early June if the $106K resistance breaks soon. On exchanges, Bitcoin supply has been drying up faster than an oasis in the …

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