The 2024 #Bitcoin Supply Crunch Cometh $BTC
In just 9 days of ETF trading:
➡️ ~1,20,000 #BTC bought by #ETFs
➡️ Grayscale sold ~1,15,000 BTC
➡️ 27K mined/month today
➡️ 13.5K to be mined post-halving
Simple math:
➡️ New ETF demand outweighs
➡️ Selling pressure &
➡️ Dilution from new supply
Once #Grayscale unwinding slows, brace for fireworks as hodlers like yours truly continue stacking sats.
With the trifecta of:
➡️ Surging institutional inflows
➡️ Decelerating miner selling
➡️ Plus supply shock from halving
2024 promises a supply-driven BTC melt-up for the ages.
Stack sats & hold on tight!
