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@beyond_crypto_uk

Beyond Crypto Worldwide

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PostedMar 1203/12/2024, 01:55 PM
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💛Will the market run out of bitcoins within 6 months? The CEO of CryptoQuant, an analytical company, believes that at the current rate of inflows into spot Bitcoin ETFs, a liquidity crisis on the part of sellers will begin within 6 months. The bears will not be able to win this game until the inflows into bitcoin ETFs stop. Last week, net inflows into the bitcoin-ETF totaled +30k BTC. Exchanges and miners hold about 3 million BTC, including 1.5 million BTC from US companies. At this rate, we will face a liquidity crisis from sellers within 6 months.