$BTC ‌

🔥🔥 The idea of #MichaelSaylor buying 2 $BTC for every 1 mined sounds very impressive. However, it does not point out a crucial change in the dynamics of supply on the #Bitcoin market.

Indeed, after Bitcoin's halving, the mining rate has dropped sharply, and only 450 BTC are minted on average per day. The absorption of part of this supply by institutional buyers, including Michael Saylor and ETFs, implies that there can be supply tightening in the market.

However, we are still pretty far away from the supply shock, but we are definitely getting closer to it.

Why? Because Bitcoin keeps circulating:

- We still have some large investors who are cashing in profit,

- There is still liquidity in the sell-side on exchanges,

- Demand does not reach panic-buying levels yet.

For the supply shock to occur, selling should be stopped while the demand grows further. Then the price is pushed to grow due to insufficient supplies. In other words, currently, it looks as if the supply shock is just about to emerge.

In case institutional buying remains stable and fewer coins are deposited on exchanges, the moment will come sooner than most people expect.

The bigger question is how badly the market is underestimating it?

#WCTCTradingKingPK #USSeeksStrategicBitcoinReserve

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