Bitcoin Remains Stable Amid Supply-Demand Imbalance and Macro Headwinds👍
In crypto, Bitcoin continues to be an oasis of stability and safe-haven, at least in the short-term, as what appears to be a severe supply-demand imbalance (ETF anticipation buying vs no more sellers) has kept prices afloat despite the macro headwinds. While prices might be dragged lower on a further equity collapse, we have probably entered into a new higher price range for BTC, with $32k likely to be a decent floor in the short-run. Implied vols are certainly on the high side with breakevens difficult to match, so call spreads and outright spot longs might be more preferable forms of long exposures at this current juncture.
#SafeHaven #SupplyDemandImbalance #ETF #PriceRange #BTC

$BTC supply is running dry!
Only 1.830 million #Bitcoin remaining on exchanges globally
There's more demand than available supply
if this continues there soon won't be enough #BTC left for people to buy..
Which will drive price even higher
#BullMarket. #HotTrends #SupplyDemandImbalance

Bitcoin BTC ⏰💣🔥

Dear traders, after triple peaks BTC $BTC seems to be in downtrend until now…
BUT if we think simply about the basics of trading, stable price is the result of balance between market demand and supply👀
We all know that supply is going lower and lower after last halving so what about demand? Any surge in demand now (played or normal) will push the price to explode 🤯🤩💸
Anyway BTC is expensive so its not for all traders… Think well and do your research before investing❗️

Wake up & Good luck☘️🌾🥂

#CryptoWatchMay2024 #Bitcoin❗️ #SupplyDemandImbalance #wakeup #BULL-RUN