Post-Halving Supply Shock
The Bitcoin halving event just occurred in April 2024.
Historically, price starts climbing 6 to 10 days after halving due to reduced BTC rewards (lower supply) and unchanged or growing demand.
Institutional Accumulation (e.g., BlackRock, Fidelity)
OTC desk movements and wallet tracking indicate ongoing purchases by institutions.
Accumulation during dips creates strong upward pressure as supply dries up.