maartunn2021-11-01

Divergence between BTC Price & Balance on Exchanges

Currently, there is a divergence going on between Bitcoins price and the available supply on Exchanges. In the last couple days, price moved sideways bearish but the supply on exchanges decreased. While supply is decreasing, you'll expect higher prices sooner or later. This hasn't happends yet, so we could see a uptick in price in the coming days/weeks