Bitcoin seems to have weathered its recent downturn, with a notable drop in sellers on exchanges, say crypto analysts. Bitfinex reports a sharp decline in Bitcoin's liquidity inventory ratio, now at just over 6.5 months from 41 months in October 2024. This signals a potential price boost due to perceived scarcity. Bitcoin briefly hit $100,000 on Jan. 6 before dipping. Analysts suggest miners are holding onto Bitcoin, expecting prices to rise. However, demand indicators are cooling, with spot trading volume down 53% since November. Bitcoin's price surged 46% between Nov. 5 and Dec. 5, 2024.