Bitcoin Price Prediction as Exchange Reserves Hit 6-Year Low—Is $150K Within Reach?
The Bitcoin price continues to show renewed strength after breaking through a crucial chart structure visible on the daily timeframe. Recent market behavior suggests growing accumulation, with investors transferring coins off exchanges to private wallets. This decline in exchange balances reflects a clear shift toward long-term conviction as the market stabilizes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Quantum Computers Unlikely to Threaten Bitcoin in the Near Term, Experts Say
Ethereum Price Jumps 10% on Reversal Cues — But History Warns Of A Ceiling
3 Altcoins That Could Face Major Liquidation Risks During Christmas Week
Galaxy Digital Issues 2027 Bitcoin Forecast as 2026 Outlook Remains Unclear
