Bitcoin Reserves Hit Record Lows: Bulls Eye Potential Breakout

Bitcoin reserves have reached record lows, signaling long-term investor confidence despite recent price fluctuations. Data shows a steady decline from 2.75 million BTC to approximately 2.43 million BTC between late 2022 and early 2025, with aggressive accumulation by institutions and long-term holders driving this trend. Technical indicators like the RSI and MACD suggest a potential reversal is underway, with support near $102K-$104K acting as a key level for recovery. Despite corrections from highs of over $110,000 to around $75,000, stable low reserves demonstrate strong belief in Bitcoin’s long-term potential.