
Phyrex|May 28, 2025 06:55
The stock of the exchange is still the key data I recommend, which can reflect the sentiment of Bitcoin investors. From the current data, the stock of the exchange is still showing a decreasing trend, which also represents that more investors are still optimistic about the future trend of BTC. Even in the current situation of nearly $110000, more investors are still actively holding Bitcoin.
And I do not intend to trade BTC in the short term, otherwise the stock of BTC on the exchange should be increasing, not decreasing. Although the data of the exchange stock does not necessarily mean that a decrease is an increase in BTC price, nor does it necessarily mean that an increase in stock is a decrease in BTC price, it can clearly see whether investors are more inclined to hold for the long term or for the short term.
Historical data clearly shows that during the 21 year cycle, as the stock on exchanges increased, the price of BTC also rose. However, this also indicates that more investors at that time were looking to sell BTC at its peak rather than holding it. So more BTC is being transferred to investors just to wait for a better exit time.
But now it's the opposite, investors are more willing to hold rather than switch hands.
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