Bitcoin Poised for Gains as Supply Tightens According to Bitfinex Alpha
Bitcoin miners and long-term holders are currently holding firm, opting not to sell their assets. This behavior is leading to a decrease in sell-side liquidity, which may contribute to upward price movements in the future. The ongoing supply constraints have drawn the attention of traders and analysts who are keen to see how they might influence Bitcoin’s market dynamics. With a tightening supply, Bitcoin’s potential for further gains looks promising. Observers are carefully monitoring developments, as any shift in sentiment could have profound implications for pricing and investment strategies.
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