#加密市场反弹

The big one is coming!!!

If you are worried about Bitcoin

entering a bear market!!!

Please read this 🚨

Since reaching a peak of $74,000

in March, BTC has been in a

downtrend

BTC price action has affected

mostly ALT

down 50%-80% from the first quarter

climax

But it has always been the case

After each halving, BTC has been trading sideways for a longer period of time

In 2016, BTC traded sideways for 161 days after the halving

In 2020, BTC traded sideways for 175 days after the halving

Currently, BTC is trading sideways from 119 days

But there is some good news happening that most of us are not paying attention to

For an asset to move, supply should be falling and demand should be rising

Let’s talk about the supply side of BTC

👇

➬ETFs and accumulation addresses have bought 450,000 BTC since July

➬The supply of Bitcoin on exchanges is currently at 6 15-month low

➬ 45% of BTC supply has not moved in 6 months

All these indicators point to an impending supply crunch

Besides this

➮ MICROSTRATEGY is buying $2B worth of BTC

➮ MARATHON is buying $300M worth of BTC

➮ BlackRock and other financial institutions are accumulating

So what about the demand side?

We know that demand will start to pick up in the fourth quarter due to some major events

➜The Fed will start to cut interest rates

➜Global quantitative easing will start, otherwise there will be a risk of global recession

➜Russia will start using cryptocurrencies for international trade

➜FASB rules will be implemented, allowing $3 trillion of corporate cash to be invested in BTC

All of these events will increase liquidity, and as BTC supply tightens, the parabolic run will begin

I hope this helps you, follow me on the homepage, and share the bull market layout strategy every day! Help you get rich

$BTC $BANANA $SUN