Rise in Bitcoin Price (BTC)
#CryptoRegulation $BTC #BinanceTGEAlayaAI $BTC As the price of Bitcoin (BTC) rises above $100,000, a clear trend has begun to emerge: Bitcoin miners have stopped selling. This raises the following question: Is the supply of BTC in the market running out?
Miners are "closing wallets," holding onto Bitcoin in anticipation of price increases
According to data from multiple on-chain analytics platforms (like G**node and CryptoQ***), the amount of BTC transferred from miners' wallets to exchanges has sharply declined. This indicates that they are choosing to hold onto the coins rather than selling them at the current price, hoping for a price increase in the future.
Supply is scarce and demand continues to increase
• The demand for spot Bitcoin ETFs and institutional interest continues to rise, especially after funds like BlackR*ck and F*delity have been actively buying.
• Recent halving events (reductions in mining rewards) have also contributed to limiting new supply.
• Many major exchanges have recorded the lowest Bitcoin reserves in years.
Market Impact
• Miners not selling has caused a sharp decline in selling pressure, while buying pressure remains strong → BTC price may continue to rise.
• Market sentiment is positive, with Bitcoin expected to trend towards new high levels, such as $120,000 or even $150,000.
Conclusion
With limited supply and increasing demand, purchasing Bitcoin has become "more difficult." The fact that miners are holding onto Bitcoin instead of cashing out shows they believe the asset's value is still undervalued.
This could create a positive "liquidity crisis," pushing Bitcoin prices to new record levels.
