Bitcoin is currently experiencing a period of calm as selling pressure decreases. Recent data show that average inflows to exchanges have dropped significantly. This could signal a potential rise in Bitcoin's value.
- Bitcoin sellers are becoming scarce.
- Average exchange inflows have decreased by 64% since November.
- Only 29,000 BTC are sold daily, down from 81,000 BTC.
- A consolidation zone may form in April-May, setting up for possible future gains.
- Traders on Binance are showing lower selling activity.
Current BTC Price | $100,000 |
Predicted Price Range | Possibly above $100,000 |