<ul><li>Bitcoin is currently at a crossroads with bulls hoping for a breakout above the all-time high and bears warning of a possible correction.</li><li>On-chain data shows that centralized exchange reserves have decreased by 668,000 BTC since November 2024, signaling long-term bullish sentiment and reduced selling pressure.</li><li>BTC is trading above key support levels but struggling to break above $112,000, with uncertainty prevailing in the market amid rising global economic tensions.</li><li>Technical analysis indicates that BTC faces resistance at the $106K range, and a failure to surpass it could lead to further consolidation or retracement towards $100K levels.</li></ul>

Bitcoin Exchange Reserves Shrink By 668K BTC – Bullish Signal?

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