Bitcoin Exchange Supply Hits Historic Lows, Analysts Watch for Holiday Season Rally

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Bitcoin exchange supply hits historic lows, with centralized platforms now holding 1.2 million BTC, down from 1.8 million BTC a year ago. Santiment data shows 403,200 BTC left exchanges in the past year, a 2.09% drop in circulating supply. Long-term holders and institutions are moving coins to custody, reducing sell pressure. Analysts see potential for a market rally if accumulation continues. Michael van de Poppe notes Bitcoin could hit $100,000 before Christmas if buyers hold current ranges. With Bitcoin consolidating, altcoins to watch may gain momentum during a broader market rally.
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