🚨 BITCOIN SUPPLY DYNAMICS ARE SHIFTING

$BTC exchange reserves have pushed back above the 200D SMA in a move that could challenge the multi-year trend of declining exchange supply.

That matters because rising reserves generally mean more Bitcoin is becoming readily available to the market.

If this move holds, the narrative could gradually shift from supply scarcity → potential distribution.

The key signals to watch now:

📌 BTC reserves staying above the 200D SMA

📌 Rising whale deposits to exchanges

📌 Increasing sell-side liquidity

If all three develop together, Bitcoin could face stronger bearish pressure.

For now, this is a warning signal—not confirmation. The next few weeks will reveal whether this is simply a temporary liquidity move or the beginning of a broader supply reversal.#Fed rate hike debate intensifies #World Liberty Trust gets OCC approval #AI code generation dominates #Bits of Gold data breach