Everyone is buying Bitcoin from crypto exchanges.
But there’s hardly any left. In fact, over the past four years, the amount of Bitcoin on exchanges is the same. Yet more people have bought Bitcoin.
In August 2018, 2.5 million Bitcoin were held on crypto exchanges.
In March 2020, 3.1 million Bitcoin were held on crypto exchanges.
In March 2022, 2.5 million Bitcoin were held on crypto exchanges.
Between 2018-2020, people who held Bitcoin transferred more and more of their holding into exchanges when the price moved from $10,000 to $4,000.
Between 2020-2022, people who held Bitcoin transferred more and more of their holding out of exchanges when the price moved from $4,000 to $40,000.
See the trend?
As price moves up, people want to hold for longer.
As price moves down, people panic and want to sell.
What will you do?

