Bitcoin is flashing a warning sign. Exchange reserves are climbing across Binance, Kraken, and Bitstamp — a classic signal that more sellers are lining up. Add in weak U.S. investor demand (negative Coinbase Premium) and the $62,000 support level is under real pressure. A break below could open the door toward $60,000 and even $59,591. Whales are trimming long positions while retail stays bullish — a split that's keeping traders on edge. The next few sessions could decide BTC's short-term direction. 📉

BTC at a crossroads — reserves up, demand down, $62K support on watch 👀🔥

🔑 Key Points
📈 Reserves rising — Binance +1.45%, Kraken +3.48%, Bitstamp +41.67% in inflows this week
📉📉 Weak U.S. demand — Negative Coinbase Premium shows American investors staying on the sidelines
⚠️⚠️⚠️ Support at risk — $62,000 is the key line; a break exposes $61,000 and $59,591
🐋 Whales vs retail split — Big players trimming longs, retail traders still holding bullish bets

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