As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adoption and evolving market dynamics. $150,000 Target Too…
Tag: Bitcoin Exchange Supply
Bitcoin Exchange Supply Breaks Equilibrium: Whales Scoop Up 240,000 BTC
On-chain data shows the Bitcoin spot exchange inventory, which had been stuck in consolidation earlier, has finally started following a new trajectory. Bitcoin Spot Exchange Supply Has Seen A Sharp Plunge Recently In a new spot exchange inventory. This metric keeps track of the total amount of the cryptocurrency that’s sitting in the wallets of…