Midas Trend
Midas Trend|Oct 20, 2025 08:39
The BTC balance on exchanges has hit another noticeable low point after the previous low on April 9, 2025. In the past 7 days, the BTC balance on exchanges has also been in a net outflow state. As everyone knows, April 9 was actually the lowest price for BTC this year, around $73,000. After that, it rebounded all the way from April to October 7, reaching $126,000. On October 11, the crypto space underwent internal deleveraging, with almost all altcoins in the series essentially self-destructing. BTC's pullback wasn't too significant, but the net outflow from exchanges is almost catching up to the big pullback in April. Although 99% of altcoins in the crypto space are completely hopeless now, BTC will still manage to chart a K-line of oscillating growth. Gold, driven by massive purchases from central banks, has experienced a major rally, doubling in value over the year. "Gold shines in troubled times" couldn't be more accurate. The market isn't short on money; what the crypto space lacks is confidence and trust. BTC's fundamental value lies in being digital gold, and institutions will calculate its cost-effectiveness. Digital gold will inevitably catch up to physical gold in market cap. Why not buy the dip now when BTC's market cap is only a little over $2 trillion? After the big crash on October 11, as people gradually calm down, they'll still choose to buy the dip in BTC. BTC's shining moment is just around the corner.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads