Big Bitcoin Price Move Likely as Liquidity and Supply Shrink
Key takeaways: Bitcoin onchain data shows a steady depletion of exchange and OTC balances, pointing to long-term accumulation and tightening supply. With BTC open interest near record highs and liquidity drying up, the market is tightly coiled, raising the probability of a sharp move. Bitcoin (BTC) price has consistently risen, even as trading volumes dropped … Read more