Quote from: fiulpro on Today at 06:57:59 PM

Quote from: zopim savo on Today at 04:01:31 PM

The total BTC balance on exchanges continuously decreasing since 2020. This shows that investors are withdrawing and storing their BTC in hardware and cold wallets. They are accumulating BTC for long term. Less BTC on exchanges means less selling pressure.

The same pattern is find after the 2016 halving and we see a long bull run until Dec 2017.

We are still far away from the bull run top. Hold some BTC for long term.

There are more whales in the market than ever and at the same time they are buying like crazy now exchanges are not the place to store your money and therefore these people are actually investing at a much safer place. At the same time after the price explosion of bitcoins. People have realized that they can make more money just by holding and therefore instead of exchanges people are preferring storing all that money at a stable and safe place.

I do think we have reached a point where the demand is more towards holding and investing rather than trading. That's something personal I believe. So I do think we might be just making this situation more serious that it probably is. Don't worry ! People are more educated about cold storage now.

there is right friend, Cryptocurrency world expert, concludes this year is a very volatile BTC movement, let's see for this month, may.