A Bitcoin analyst has highlighted the possibility of a Bitcoin price rally due to a potential shortage in Bitcoin supply. The analyst noted that if notable investors such as ETF providers and Michael Saylor's Strategy continue their purchasing spree, the available supply on the Bitcoin OTC desk could quickly diminish or even run out. This could lead to various scenarios, including a market crash triggered by fear, or a surge in price triggered by FOMO. The analyst suggests that the current Bitcoin price situation is on the brink and could swing up or down depending on institutional investors' actions. Retail investors are advised to closely observe the market to differentiate between price fake-outs and genuine rallies.
Content Editor ( coinedition.com )
- 2025-02-10
BTC Could Easily Reach $150K As OTC Supply Nears Depletion – Analyst
