🚀 Bitcoin's making waves! Recent on-chain data from CryptoQuant shows the largest BTC outflow from exchanges in nearly two years. Exchange reserves dropped to 2.57M BTC by Sept 29, signaling reduced sell pressure and boosting investor optimism for a price recovery. 📈

With fewer BTC on exchanges, immediate sell-offs are less likely, setting the stage for a potential rally. The term "Uptober" is back, as BTC recovers from early-month declines. Analysts like Axel Adler Jr. and Ali Martinez see signs of a bullish trend forming. Could October be the month for Bitcoin? Stay tuned! #Bitcoin #Crypto #Uptober