Imminent Price Increase? Nearly $2B BTC Removed From Exchange Circulation

Since peaking at nearly $48,000 in March, the price of the world’s largest digital currency Bitcoin has rested somewhere around $40,000. Recent massive outflows from exchanges could change this soon, according to analysts. $1.04B Worth of BTC Exits Centralized Exchanges The massive exodus of BTC has birthed speculations about when the bearish trend will end or if bullish price action could be in sight. Bitcoin is currently trading at $40,182,  however, its behavior from the past day seemingly reflects the…