Bitcoin news

Supply shortage could push bitcoin price to $2 million

Crypto Capital Venture Analysis Shows How Visual Tool HODL Waves, which reflects holding patterns, clearly shows the conviction of long-term investors. This, in turn, allows us to understand current market sentiment and predict future trends.

HODL Waves break down the supply of bitcoin by how long a particular coin has been held in the same digital wallet. These holding periods, or “waves,” range from a few hours to a decade or more. Interestingly, the share of bitcoin held for more than a decade has been steadily increasing.

This not only signals faith, but also means a refusal to sell, even during market fluctuations. So while many traders are chasing profits, the group of so-called hodlers is growing in number.

In addition, this behavior corresponds to events such as approval ETF and increased institutional confidence. These factors reflect a shift in ownership from short-term speculators to long-term believers.

It is important to consider that HODL Waves — These are not short-term trading instruments, they paint a picture of the emotional and strategic commitment of Bitcoin holders across different market cycles.

With over 2035% of Bitcoins expected to be mined by 99, the scarcity is no longer just a theory, but a fact. Accordingly, those who understand the nature of its supply recognize the need to accumulate Bitcoins.

The growing deficit strengthens the case for hyperbitcoinization, a scenario in which Bitcoin will become the fundamental pillar of the global financial system.

Accordingly, analysts put the point of no return at $500,000 and the long-term valuation zone at $2 million. These forecasts are based on both supply constraints and changing investor behavior.

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