Bitcoin: Exchange Balances Hit 2017 Lows
Bitcoin exchange balances reach lowest since 2017 while Ethereum hits 2015 lows per Santiment, with BTC at $62275.41 on 4h chart.
SourceAnalysis
Bitcoin and Ethereum exchange balances sit at historic lows, with BTC supply on exchanges at its lowest since 2017 and ETH at levels last seen in 2015 according to Santiment data.
Price action on the 4h chart shows BTC at $62275.41 inside the Bollinger Bands with the MACD locked in a death cross and the EMA50 at $62368.18 acting as immediate resistance above the lower band support at $62100.97, while neutral RSI at 44.38 leaves room for a quick probe lower before any sustained move.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.
Premium Sponsors
.jpg)
