👥 BTC is being actively withdrawn from exchanges...
Approximately 22,647 BTC worth over $1.57 billion have been withdrawn from exchanges in the past week.
📊 The transfer of bitcoins to personal wallets often indicates an intention to hold assets for the long term and may also suggest the beginning of accumulation.
Preparing for a rise? 🤔
For example, BitGo CEO Mike Belshe expects Bitcoin to be worth between $125,000 and $135,000 by the end of 2024.
👎 In his opinion, the catalysts for growth will be the US national debt, foreign policy, and sanctions control. All of this weakens the US dollar as a global reserve currency.
Approximately 22,647 BTC worth over $1.57 billion have been withdrawn from exchanges in the past week.
📊 The transfer of bitcoins to personal wallets often indicates an intention to hold assets for the long term and may also suggest the beginning of accumulation.
Preparing for a rise? 🤔
For example, BitGo CEO Mike Belshe expects Bitcoin to be worth between $125,000 and $135,000 by the end of 2024.
👎 In his opinion, the catalysts for growth will be the US national debt, foreign policy, and sanctions control. All of this weakens the US dollar as a global reserve currency.