Binance Reserve Drop Highlights Price Ready for Uptrend
Historically, Binance reserve drops have always been accompanied by uptrends. With each reserve exit, the selling momentum has weakened. Historically, these periods have marked the beginning of strong medium- to long-term uptrends.
I calculated the price movements during reserve exits in the chart based on troughs and peaks, and an interesting picture emerged.
The first significant reserve exit occurred in early 2019. (The area I marked with the first bubble in the chart)
The price rose from $6,500 to $13,800, an increase of approximately 112.3%.
In March 2020 (after the Covid Crash), there was another large reserve exit from the exchange, and the reserve price fell below the reserve price. The price rose from $7,300 to $10,500,
an increase of approximately 43.8%.
The reserve increase from $9,000 to $64,000 at the end of 2020/beginning of 2021 represents a 611% rise.
The Bitcoin price, during the 2024-2025 period (ETF era), increased from approximately $78,000 to $127,000, a 62.8% rise.
According to this graph, every time the BTC reserve on Binance fell below the price, it experienced an increase ranging from 40% to 600%.
In the current situation shown in the graph, the exchange reserve is approximately 649K BTC, while the price is approximately $95,000.
The reserve is significantly below the price and trending downwards. Historically, considering the graph, this indicates that BTC is not being left on the exchange for sale, and the price is expected to continue rising. $BTC #MarketRebound #BTC100kNext?