Three CryptoQuant charts show the conditions for a bottom improving. They do not confirm one. exchange reserves fell from about 2.73 million $BTC in late September to about 2.67 million, and have only ticked up since. Fewer coins on exchanges means less bitcoin sitting where it can be sold immediately. Apparent demand, which tracks whether buyers are absorbing new supply over 30 days, has climbed from deeply negative levels back toward zero. Buyers are no longer falling further behind. what is still missing is the confirmation. That would take sustained ETF inflows, stronger buying during U.S. hours, and the demand measure staying positive. The latest ETF numbers went the other way. Wednesday’s bitcoin ETF outflow was about $450 million, the largest since June. U.S. trading hours have been net sellers since the September breakout. the U.S. midterms are in November. Past election periods have lined up with both rallies and selloffs, so the date by itself does not set a floor under the price. reserves are lower. Demand has stopped weakening. Whales are still holding. ETF flows have not turned positive. That is the confirmation that is still missing. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Altcoin Season# $BTC $XRP