RE: RE: Bitcoin sitting on Exchanges hits lowest levels in 3 years
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RE: Bitcoin sitting on Exchanges hits lowest levels in 3 years

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6y

Institutions are draining exchanges from Bitcoin supply, which means Bitcoin value will crash hard if the trend continues...

People simplify and think scarcity will push the value upward, but markets don't work that way in long term. When there isn't enough trading volume, people stop both selling and buying.

Like I have said earlier, OTC trades don't affect public valuation of Bitcoin.

@mtl1979: Institutions | Ecency