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141e48a2908752564c3deec632007ef4ba384e3b34501eec62f4f2829e69b6e0
Bitcoin analyst, either daily on-chain analysis or sudden changing. It is not an investment recommendation, DYOR.

https://youtube.com/shorts/MW5BR-eXLUw?feature=shared

Capitalism Totalitarian is the momentum we've been experiencing since web2 was stolen by bigtechs.

Could web3 and #BTC, even any other altcoin, change this scenario?

#Bitcoin has a support line to reach around at 50k USD as many events occurring.

Just a hint...I'm warming my hands as #BTC approaching that support.

Buy or not, is up to your reading over cycle market. Go ahead.

On-chain data indicate that as of June 19, Bitcoin exchange reserves, which refers to the total amount of Bitcoin available for trading, fell to a three-year low, reaching 2,825,703 BTC. In January 2024, the Bitcoin balance on exchanges was around 3,039,000 BTC. Lower exchange reserves, sometimes suggest reduced selling pressure and potential supply shocks with suddenly trend reversal.

#Bitcoin #on-chain