This is not just a number: it is the direct consequence of a structural change in the ecosystem. Since the beginning of 2024, more BTC has left exchanges than in any other recorded year, generating unprecedented supply pressure. At the same time, 70% of the total supply is in the hands of holders who have not moved their coins in over a year: a clear sign of long-term confidence.
But there is something more: at the network level, mining difficulty reached an all-time high just days ago, meaning that more computing power than ever is securing Bitcoin. The network is stronger. The currency, scarcer. And the market, more determined.
If this resistance breaks with volume, we could enter true price discovery, where the price is dictated by pure demand.
We are witnessing something that was previously only theory.
This is not just a number: it is the direct consequence of a structural change in the ecosystem. Since the beginning of 2024, more BTC has left exchanges than in any other recorded year, generating an unprecedented supply pressure. At the same time, 70% of the total supply is in the hands of holders who have not moved their coins in over a year: a clear sign of long-term confidence.
But there is more: at the network level, mining difficulty reached an all-time high just days ago, which means more computing power than ever is securing Bitcoin. The network is stronger. The currency, scarcer. And the market, more determined.
If this resistance breaks with volume, we could enter true price discovery, where the price is dictated by pure demand.
We are witnessing something that was previously just a theory.
Bitcoin breaks the $99K barrier! The price of BTC surpassed $99,000 USD, driven by increasing institutional interest, lower available supply on exchanges, and bullish expectations post-halving.
This new milestone not only reinforces confidence in the crypto market but also opens the door to unprecedented scenarios in the global financial ecosystem.