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Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift

May 17, 2024
in Bitcoin
Reading Time: 1 min read
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Decreasing Bitcoin Supply on Exchanges Indicating Possible Bullish Shift
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Bitcoin’s supply on exchanges has significantly decreased, reaching new lows amid a bullish market trend, which analysts interpret as a shift towards long-term holding rather than short-term trading. A report by Bybit claimed that the diminishing supply could deplete within the next nine months, driven by factors such as the recent Bitcoin halving event and […]
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