Bitcoin Price Prediction: Bitcoin Is Vanishing From Exchanges — Is a Massive Supply Shock Coming?

Bitcoin is slowly disappearing from exchanges, and some analysts think that could matter a lot for future price prediction.New data from CryptoQuant shows the amount of BTC sitting on centralized exchanges has dropped below 2.7 million coins. That is the lowest level of exchange liquidity since 2018.Source: CryptoQuantThis shift has been building for years. Exchange balances once held more than 3.5 million BTC during…