-Remember $100 bottles of Prime Hydration in 2022?
-Or those $10 toilet paper rolls in 2020? đŸ§»
-What about $20 PokĂ©mon Jungle Booster Packs back in 2000? 🃏

What do these all have in common? Supply constraints = inflated prices

And guess what? Bitcoin is heading down a similar path... Here’s what’s brewing:

1ïžâƒŁ $BTC balance on exchanges is at a 12-month low – fewer coins available for buying.

BTC Supply Stats


2ïžâƒŁ Long-term holders who sold during the March top are quietly reaccumulating.

BTC Accumulators


3ïžâƒŁ Miners are hoarding $BTC for the first time in a year – yep, even the miners are stacking sats.

Miners Selling Vs. Buying

All this means people have been buying and holding $BTC, while the available supply on exchanges has been shrinking... 📉

Increased demand + decreased supply = price go up đŸ’„ (That’s how the math works, right?)

But wait – why is Bitcoin still hovering around the low $60Ks? đŸ€”

Well, this accumulation has been happening over time, with sellers still outpacing buyers, keeping the price in check.
Smart money has been sneakily buying $BTC in small chunks over time, ensuring they grab up lots of Bitcoin without triggering a price pump. 🧠

But here’s the twist: those weak hands are drying up, and so is the sell pressure. Combine that with a massive $15B+ of short liquidations sitting just above the current price, and if/when Bitcoin hits ~$75K, short sellers will be forced to buy back $15B+ worth of BTC to cover their loans on Binance alone. đŸ”„

Oh, and let’s not forget yesterday’s rate cut announcement, pushing fresh cash into the market.

All signs point to one thing: Bitcoin could be headed for a classic supply squeeze price pump.
Think COVID-era toilet paper panic, but this time, it’s Bitcoin. đŸ’Ș