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Bitcoin Price Prediction as Exchange Reserves Hit 6-Year Low—Is $150K Within Reach?

Bitcoin Price Prediction as Exchange Reserves Hit 6-Year Low—Is $150K Within Reach?

CryptoNewsNet2025/10/06 18:39
By: coingape.com
REACH0.00%BTC-0.58%

The Bitcoin price continues to show renewed strength after breaking through a crucial chart structure visible on the daily timeframe. Recent market behavior suggests growing accumulation, with investors transferring coins off exchanges to private wallets. This decline in exchange balances reflects a clear shift toward long-term conviction as the market stabilizes.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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