Bitcoin exchange reserves are low, potential supply shock-driven rally, lack of trading volume.

From Cointelegraph

January 13, 2025 6:39:50 AM:

Bitcoin is facing a potential supply shock-driven rally, but analysts say it lacks the trading volume needed to break through the $100,000 resistance.

Experts warn that without increased trading volume, Bitcoin may struggle to surpass the $100,000 mark in the near future.

The lack of trading volume is seen as a major obstacle for Bitcoin to overcome in its quest to reach $100,000.

Read more at Cointelegraph: Bitcoin exchange reserves near 7-year low as hedge funds buy the dip