In a sudden pullback on Thursday, the price of Bitcoin has fallen below the $110,000 level again as the broader cryptocurrency market shifted toward a more bearish state. Even with the bearish performance in BTC’s price, many investors continue to hold on to their coins instead of selling them off.

No Major Shift In BTC Exchange Withdrawals

Bitcoin investors on crypto exchanges are still exhibiting positive behaviors amid waning market performance. Joao Wedson, the founder of Alphractal and author at CryptoQuant, stated that the number of Bitcoin withdrawals from crypto exchanges has remained almost unchanged, reflecting a period of calm and caution among market participants.

After delving into the Bitcoin Exchange Withdrawal Count metric, the market expert stated t

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