๐จ BTC Supply Update: Shifting Market Dynamics ๐จ
The market is showing signs of stabilization as the influx of BTC is gradually being absorbed. Hereโs whatโs happening:
๐ฉ๐ช BTC from Germany, MtGox, and the DoJ: Slowly getting absorbed by the market, reducing immediate selling pressure.
๐ Decline in Paper BTC Bets: A positive indicator as speculative positions start to decrease.
โ๏ธ Supply Dynamics Improving: Weโve shifted from a bearish stance towards a more neutral outlookโsignaling a potential turning point.
Stay tuned and watch these trends closely; the market is evolving! ๐๐
