Bitcoin's supply on the stock market has dropped to the lowest level since 2018. Talking about the chain shows that investors withdraw their assets from securities trading platforms and sales pressure has been reduced. By strengthening the demand of the company, this development can be an omen for a wave of price increase of the new Bitcoin.
Bitcoin's supply on the stock market has dropped to the lowest level in the past eight years, increasing the expectation of the market. The Santimement Blockchain Analysis Company said that on March 27, Bitcoin's supply on the stock exchange has dropped to 7.53 %, the lowest level since 2018. The reduction of Bitcoin's supply on the stock market is often understood as a positive signal for the market. Show that short -term sales pressure decreases and investors' confidence has increased, which supports Bitcoin's price movement expectations. Talen's effectiveness continues to be strong One of the most important factors instructing Bitcoin's price movement continues to be the company's needs. Especially, the investment funds of the Bitcoin Stock Exchange (ETF) have witnessed regular import items since March 14, contributing to an increase of more than 10 %of BTC price. On the other hand, Bitcoin takes 17 %between ETF entrances between February 10 to March 13. This trend shows that Bitcoin price is greatly affected by the investor movements of the company and large investors with stronger influence on the market compared to individual speculators. Structure changes in the Bitcoin market In addition to the growing impact of corporate investors, Bitcoin's market dynamics continues to change. According to a research article published by OKX on March 25, with the maturity of Bitcoin, the price movement becomes more stable. While past cycles have decreased by 80 %, even 50 %retreats are now considered a bear market sign. Research shows that Bitcoin is currently going through a short -term “mini” bear market than a long -term bear market. One of the important indicators of this change is “MVRV ratio (MVRV) with short -term market value”. This data compares the current price of Bitcoin with the average price they buy by short -term owners. The ratio of MVRV, signaling decreases before the price decreases on February 25, has decreased below the average moving 365 days, currently an important level. Analysts estimate that when the Bitcoin supply on the stock market continues to decrease, this urban area will recover and will have a positive impact on the price. Bitcoin is traded at $ 87,353 at $ 11:50 am Türkiye's time and about 20 %below $ 108,786, the highest level of all time.