As you can see at the daily chart the number of bitcoins where at 2.9m in March and they are less than 2.4m in January. The price on the other hand is just rising up, and so will it be the coming weeks. That means its a high demand and low supply!!!!
The amount of #Bitcoin held in exchanges' wallets is still making new lows.
With exchange balance outflows increasing, institutions buying quicker than BTC’s daily supply rate, plus a limited supply of 21m with 78% illiquid...
We could see a $50k BTC sooner than anticipated
This is my new acc and I will be posting new Ideas everyday with your support!
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The amount of #Bitcoin held in exchanges' wallets is still making new lows.
With exchange balance outflows increasing, institutions buying quicker than BTC’s daily supply rate, plus a limited supply of 21m with 78% illiquid...
We could see a $50k BTC sooner than anticipated
This is my new acc and I will be posting new Ideas everyday with your support!
Do not forget to like and subscribe! Wish you the best! <3
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BTC HAD SOME FALLDOWNS, NOW ITS ON IT'S WAY TO RECOVER. LET'S GOOO!Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.