24K BTC leaves exchanges as Bitcoin struggles below $87K – Bullish or bearish?
macro
About 24,000 BTC reportedly left exchanges while Bitcoin remained below $87,000, a combination that can signal reduced near-term selling pressure as coins move into self-custody. The outflows are not conclusive evidence of fresh accumulation or an imminent rally, especially while price struggles to reclaim resistance. For Bitcoin, the signal is cautiously bullish on supply dynamics, but price action and broader demand remain decisive.
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