By Vince • April 17, 2024 7:39 pm •
Sources are sounding the alarm on a potential Bitcoin supply crisis set to rock the crypto markets over the next several months.
ByBit and several notable analysts claim that Bitcoin will experience a severe supply shock 9 months from now when all the Bitcoin trading on exchanges is projected to run out. Such a shock would catapult the price of Bitcoin to unseen highs.
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This places the supply shock date sometime in January 2025; however, there is dissent within the crypto community as to how this upcoming cycle will play out.
Increased inflows from hedge funds looking to procure Bitcoin for their ETFs are driving the purported supply crisis.
Many influencers and analysts are imploring investors
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