📊 This year's rally began when BTC was trading below its rezed price, which historically coincided with bear market lows;

â–Ș Long-term BTC reserves are approaching historical highs, indi ing limited supply;

â–Ș About 90% of the BTC supply is currently profitable, so we may see additional sellers.

Limited supply coupled with reduced selling   miners, halving and potential ETF approval point to a strong backdrop for BTC.

#ANALYSIS #analyst #BTC #ETH #etf