Bitcoin Exchange Balances Hit Rock Bottom: Are We On The Verge of A Major Bull Run?
Summary
Bitcoin exchange reserves have dropped below $2 million, signaling a potential price surge. Thomas Fahrer predicts a parabolic increase due to low exchange levels and ETF flows. Institutional interest is growing, with significant investments from Horizon Kinetic Asset Management, Millennium Management, and Morgan Stanley. Retail investors are cautious, while whales have increased their holdings. This reflects a divided market, with institutions showing confidence in Bitcoin's future.
