Bitcoin deposit activity decreases to the lowest level in historical, as traded investment funds and keeping them in the long run. star-news.press/wp

With Bitcoin (BTC) continues Hold Higher -important price level at a value of $ 100,000, the “real model” shift shows among investors. It is worth noting that the exchange deposit activity is declining, indicating the increasing confidence in BTC as a trusted store of value.

Bitcoin depositing activity is drowned at its lowest historical levels

According to Cryptoquant Quicktake Post by Darkfost contributing to the series, there has been a noticeable shift in the number of BTC portfolio addresses that have been deposited for exchanges since the 2021 bull cycle.

The analyst shared the following graph to support their analysis. A fixed increase in the number of addresses that deposit BTC on exchanges between 2015 and 2021 shows that they peak at an annual rate of about 180,000.

However, this trend has been sharply reflected since then and no signs of recovery appeared. It is worth noting that the average of 10 years for the number of addresses that deposit BTC exchanges currently sits around 90,000.

The short -term measures strengthen this decrease. The moving average for 30 days (MA) hovers about 48,000, while the daily number decreased to only 37,000. This sharp behavioral transformation between investors can be attributed to two main factors.

First, the appearance of traded boxes on the Stock Exchange (ETFS) has resulted in a large part of the demand away from the instant stocks. Invested investment funds allow bitcoin prices without complication or the risk of self -assumption.

Second, retail sharing was relatively defeated In the current market cycle, it naturally reduces the number of active deposit addresses. Note the analyst:

More investors, and even companies now depend on a long -term view of BTC, and choose to keep them as a bread or treasury reserves instead of actively circulating them.

Is BTC preparing for the highest new level?

As the number of titles depositing BTC continues to exchange, many indicators indicate the possibility of obtaining the highest new level ever (ATH). Modern analysis by Cryptogoos Suggest The sellers in the short term “are exhausted”, which implicitly means that the pressure pressure may be reduced soon.

Likewise, the Bitcoin-Rainbow Scheme, a long-term evaluation model, is used to determine the evaluation areas and a little-recently- Overflow “Buy” signal. Although the broader demand in the market is still weak.

The conditions of macroeconomics also turn into favorable. It is expected that the global M2 cash width of assets is increased like Bitcoin. Some experts are now Predispay BTC may rise to $ 150,000 with liquidity expansion.

However, not all signs are optimistic. Mines transfer operations have been transferred to the exchange recently Rise To the historical highlands, it is possible that it will indicate an increase in the pressure of the sale of BTC miners. At the time of the press, BTC is trading at 105,141 dollars, an increase of 2.6 % over the past 24 hours.

Distinctive image from Unsplash.com, plans from Cryptoquant and TradingView.com

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