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Bitcoin Still Far From A True Supply Shock, Analyst Explains

Bitcoin Still Far From A True Supply Shock, Analyst Explains

According to a recent CryptoQuant Quicktake post by contributor Carmelo Aleman, Bitcoin (BTC) is “still far from a true supply shock.” The analyst cited several on-chain metrics to argue that despite declining exchange reserves, the leading cryptocurrency is unlikely to face genuine supply scarcity in the near term…

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Written by Mr Viral

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