Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin Price Prediction as Exchange Reserves Hit 6-Year Low—Is $150K Within Reach?

Bitcoin Price Prediction as Exchange Reserves Hit 6-Year Low—Is $150K Within Reach?

CryptoNewsNetCryptoNewsNet2025/10/06 18:39
By:coingape.com

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.

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Unexpected Rise of the HYPE Token and Insights Into Retail Cryptocurrency Trends

- HYPE token surged 380% in 2025 via institutional partnerships and retail FOMO, despite volatile corrections. - Retail demand amplified by wallet integrations and fee cuts created self-reinforcing speculative cycles. - TNSR and MMT tokens mirrored HYPE's pattern, showing FOMO-driven surges followed by sharp declines. - Social media hype and low-liquidity assets exposed risks of emotional trading and market manipulation. - Historical bubbles reinforce the need for long-term discipline amid crypto's hype-dr

Bitget-RWA2025/11/23 03:38