#LTC&XRPETFsNext?

Bitcoin, the world’s leading digital currency, continues to attract attention with its financial and technical developments. According to a recent report from Bitwise Asset Management, individuals control 69.4% of the total Bitcoin supply, posing significant challenges for institutions and governments to access due to its scarcity. With only 5.7% of Bitcoin left to be mined, OTC markets are experiencing a severe shortage, with only 140,000 Bitcoins available for trading.

On the other hand, technical analysis indicates that Bitcoin is currently trading around the $100,000 level, with signs of a slowdown in upward momentum due to the emergence of a negative divergence on the weekly chart, similar to what happened at the peak of 2021. In addition, the scarcity of liquidity in the US dollar is increasing pressure on financial markets, which could negatively impact risky assets such as Bitcoin.

Despite these challenges, Bitcoin continues to gain investor confidence, especially with companies like MicroStrategy continuing their aggressive buying spree, recently buying 7,633 Bitcoin worth $742.4 million. This reflects growing confidence in the long-term future of the digital currency, which began as a revolutionary idea 16 years ago and crossed the $100,000 mark in December 2024.