Bitcoin at $84,127 as Exchange Reserves Hit Seven-Month Low
- —BTC at $84,127; next resistance at $84,217, then $85,470 and $86,617
- —Bitcoin exchange reserves hit a seven-month low, ~700,000 BTC withdrawn over the past year
- —US spot Bitcoin ETFs posted $681 million in weekly net outflows, ending a three-week inflow streak
- —$46.15 million liquidated in 24 hours, with $39.62 million of that in shorts
Why it matters: Shrinking exchange supply could fuel a sharp rally if demand returns, but ETF outflows and thin volume are still capping upside momentum.
Source: Cryptonews.net