$BTC price is climbing while Bitcoin is leaving exchanges.
Less BTC sitting on exchanges means less immediately available supply for sellers. Recent data showed a 4,036 BTC reserve drop alongside strong price momentum.
Demand rising.
Available supply tightening.
If exchange outflows continue while buyers keep stepping in, the setup for a real supply squeeze gets much stronger.
HUGE: BITCOIN IS MOVING CLOSER TO THE HEART OF U.S. STRATEGY.
Coinbase is reportedly in talks with the U.S. Treasury and Commerce Departments around advancing the Strategic Bitcoin Reserve.
The reserve already exists under a 2025 executive order, while lawmakers are now moving legislation that could put it on a more permanent statutory footing.