📊 This year's rally began when BTC was trading below its rezed price, which historically coincided with bear market lows;
▪️ Long-term BTC reserves are approaching historical highs, indi ing limited supply;
▪️ About 90% of the BTC supply is currently profitable, so we may see additional sellers.
Limited supply coupled with reduced selling miners, halving and potential ETF approval point to a strong backdrop for BTC.