#TrendTradingStrategy and the shock of the offer approaching

Bitcoin has seen a significant increase of 10% this week, pushing its price to an all-time high (ATH). This upward momentum indicates positive outlooks for the cryptocurrency, as investors continue to show strong demand for it.

Bitcoin (BTC) is once again heading towards new price records, driven by its increasing popularity and investor confidence.

Bitcoin investors are extremely optimistic

Short-term investors (STH) are showing strong optimism towards Bitcoin, as evidenced by their increasing accumulation behavior. Over the past month, the 'shrimp' group has added more than 19,300 Bitcoin to its holdings.

Meanwhile, Bitcoin miners have issued only 13,400 Bitcoin, indicating a significant disparity between demand and supply.

The continued net absorption of STH, alongside the drop in new BTC issuance, points to an adjustment on the supply side. This adjustment is a critical factor in the price movement of the leading cryptocurrency.