---
title: "Bitcoin exchange reserves reach new yearly low amid $60K price retest"
url: https://diffcoin.com/bitcoin-exchange-reserves-reach-new-yearly-low-amid-60k-price-retest/
description: "Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand…"
published: 2024-08-30
updated: 2024-08-30
author: "Mila"
site: "Diffcoin"
---

# Bitcoin exchange reserves reach new yearly low amid $60K price retest

Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand “continues to grow.”

[Source link](https://cointelegraph.com/news/bitcoin-exchange-reserves-low-price-retest-60k-bullish-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)