Bitcoin (BTC) Experiences Pre-Halving Supply Shock: Details

2024-3-14 14:44

Data reveals that Bitcoin is facing significant pre-halving supply shock

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Growth Of Bitcoin ETFs & Other Instruments Doesn’t Support Supply Shock Narrative

Data shows while the Bitcoin supply present on exchanges has been trending down, growth in other investment vehicles like ETFs and WBTC has been making up for this drop. Bitcoin Exchange Reserves Decline, But ETF And Other Instruments Enjoy Growth As per the latest report from Arcane Research, BTC exchange reserves have seen significant decline this year, but the growth in newer investment instruments like ETFs has made up for it.

2021-12-23 22:00


Bitcoin Supply Shock: Reserves Drop To Lows Not Seen Since October 2017

Bitcoin spot reserves continue the recent trend of decline as values now stand at the lowest since October 2017. This shows the supply shock is tightening its grip. Bitcoin Supply Shock Narrative Grows Further As Spot Reserves Decline To October 2017 Levels As pointed out by a CryptoQuant post, BTC spot reserves have dropped down to lows not seen since October 2017.

2021-10-9 22:00


Bitcoin Preparing for a “Very Similar” Supply Shock as in October-November, says SkyBridge Capital CIO

As such, risk-reward for the “very non-correlated” asset Bitcoin is now “skewed again to the upside” as strong holders accumulate from those that got into the market late last year. The post Bitcoin Preparing for a “Very Similar” Supply Shock as in October-November, says SkyBridge Capital CIO first appeared on BitcoinExchangeGuide.

2021-7-13 15:27


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Bitcoin Rockets Past $30,000 as Bulls Target Key Level; What Analysts are Saying

Bitcoin is in the process of rocketing up towards $32,000, with the cryptocurrency showing some immense signs of strength as bulls target it seeing further upside The overnight breakout rally that allowed it to see this explosive move higher came as a shock, with the resistance at $30,000 being sliced through with ease The strength of this movement does bode well for bulls, as it indicates that significantly further upside could be imminent in the […]

2021-1-4 22:00


How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst

The bitcoin price has returned to top $13k once again. A supply shock theory following the halving suggests that the next major bull cycle could be about to begin. There is no denying that bitcoin has been in its most bullish state for 16 months, and it is just a few hundred dollars away from […] The post How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst appeared first on BeInCrypto.

2020-10-26 17:13


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Samson Mow: Bitcoin Mining Will Become A Strategic Investment Sector For Many Nation-States

Cryptocurrencies are getting so attractive that they’re catching the attention of nation-states that are now trying their hands at them. For example, the Kazakh government is now a major crypto miner, something that comes as a shock to many considering that most other governments have decided to keep a lukewarm stance on cryptos. According to […]

2020-9-6 22:20


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Analyst on Bitcoin: Wall Street Isn’t Ready For What’s Next

Bitcoin price just set a new yearly high after pushing above $12,000 and may be gearing up for an explosive move higher. The first-ever cryptocurrency may be finally entering a new uptrend. If this is the case, and the asset continues to follow the stock-to-flow model, Wall Street may be left in shock after having to adjust their chart settings to keep up with Bitcoin’s logarithmic growth.

2020-8-19 18:16