Story Highlights* Exchange balances dropped to their lowest level since November 2017, tightening available supply.* Historical cycle patterns show panic phases often precede massive market expansions.* NUPL remains above zero, meaning a classic market bottom signal hasn't appeared yet.
Bitcoin Price Signals Mixed Cycle Setup as Exchange Supply Hits 8-Year Low
Story Highlights* Exchange balances dropped to their lowest level since November 2017, tightening available supply.