Around 30,000 BTC recently moved to cold storage from exchanges, indicating bullish sentiment as investors expect the price to rise. This reduces selling pressure on exchanges, potentially leading to higher prices due to decreased supply. The move coincides with anticipation around SEC's Bitcoin ETF decision. Despite this, Bitcoin's price has faced challenges, currently at $26,000, down 11.83% in the last month, with a slight 0.42% increase in the past 7 days.