Bitcoin Exchange Flows Signal Surge Towards $130,000

Bitcoin’s exchange activity is signaling a potential surge towards $130,000. Recent data reveals that holders are pulling coins off exchanges at the fastest pace since late 2022, with net flows currently at minus 7,210 Bitcoin per day – indicating a clear shift from trading to long-term storage. This trend coincides with technical analysis suggesting $130,000 as a likely target if buying pressure continues. The movement is notable because it signifies a change in investor behavior: the focus is shifting from short-term profit-taking to longer-term investment strategies.