Bitcoin Exchange Reserves Hit Record Low — But Price Keeps Falling

[tradelikepro]

Bitcoin Exchange Reserve. Source: CryptoQuant.

Bitcoin held on exchanges just reached an all-time low, a signal traditionally linked to accumulation and scarcity. Yet BTC is heading toward year-end well below its opening price. Analysts now warn that shrinking reserves no longer guarantee upside when market liquidity is thin and fragile.

[Abdul Khan]

Low exchange reserves don’t always mean immediate price upside.

[Rimon Khan]

Macro sentiment and demand still drive short-term price action.