Exciting news in the crypto industry! The Bitcoin supply on exchanges is now just 1,960,101 BTC, down from 2,736,288 BTC in 2021.
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Speculators began to withdraw. The trend has been down in the past. Causing speculators to sell Bitcoin
Long-term investors buy On the contrary Long-term investors view Bitcoin as a "safe-haven asset" amid global economic volatility.
The trend for collecting Bitcoin is strong. People are starting to view Bitcoin like "gold" and keep it for long-term speculation.
What do these signs indicate?
Bitcoin is changing hands from speculators to long-term investors
Bitcoin is becoming "Safe assets" in a world full of uncertainty
The trend of "hoarding" Bitcoin is gaining popularity.
So how do you view Bitcoin?
It's speculation.
It's savings.
It's both.
Let's express our opinions!
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