3 hours ago

Bitcoin supply shock to 'uncork' BTC price as OTC desks run dry

Bitcoin acquisition trends are still leading to predictions of a major BTC supply shock — with bullish implications for price.

Key points:

Bitcoin corporate treasuries such as Strategy’s are predicted to drain OTC desks and then exchanges.

The resulting supply imbalance will “uncork” BTC price action.

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Source: Cointelegraph →