According to Crypto Rover, Bitcoin is experiencing a significant supply shock, as highlighted in recent Twitter analysis and visual data (source: Crypto Rover on Twitter, May 18, 2025). The reduction in BTC held on exchanges indicates increased accumulation by long-term holders, which historically leads to decreased liquidity and heightened price volatility. This supply squeeze can create upward pressure on Bitcoin prices, making it a critical factor for traders to monitor. The trend is particularly relevant for those employing momentum and breakout trading strategies, as limited sell-side liquidity could amplify both upward and downward moves (source: Crypto Rover on Twitter).

According to Miles Deutscher on Twitter, Bitcoin ($BTC) supply on exchanges has dropped to a 7-year low of just 14%. This significant decrease in available supply on trading platforms suggests rising holding sentiment and reduced selling pressure among investors. For traders, such a low circulating exchange supply, combined with persistent demand, historically indicates potential for upward price momentum as liquidity tightens (source: Miles Deutscher, Twitter, May 14, 2025). Crypto market participants should closely monitor on-chain data and order books for further signals of supply shocks or volatility spikes.