Less available bitcoins to buy now than 2018 low

There are currently fewer bitcoins Bitcoin Much more liquid than when the market saw its capitulation in December 2018 Notorious, according to the latest data from crypto-analytics firm Glassnode.

Diving into the numbers, this is incredibly obscene not only for for bitcoin For the rest of the market, too. It also shows that there are fewer Bitcoin To buy them despite the huge drop in prices.

Bitcoin is back after a six-week low

The illiquid supply of Bitcoin is more important than its price

When the entire market turns red, it is logical to conclude that selling demand is also increasing.

However, the inherent transparency afforded by technology enables us to Blockchain Blockchain From analyzing the movement of cryptocurrencies and determining if they are exchanging hands as much as the price charts indicate.

Selling pressure is easy to spot, as it is always associated with massive inflows of funds into cryptocurrency exchanges.

And the quantity of the number of cryptocurrencies held within cryptocurrencies, is “Its liquid supply It indicates the number of currencies available for purchase.

When cryptocurrencies are banned from being exchanged, they are usually not available for trading, and have the potential to create a supply crunch when demand is high.

This seems to be the case now with Bitcoin, where the latest analyzes from until Bitcoin She does not have liquid supply The number of unspent coins is higher than ever.

The data showed that there are currently more than 14.43 Million Bitcoin Exchanges have been suspended.

as it was Bitcoin With moderate spending potential, it matures steadily. Research conducted in The tokens have shown a trend towards total maturity, and will soon move into a category. ”Low probability of spending“.

The number of coins Bitcoin The highest spending potential, which includes newly purchased and exchange-purchased coins, is the lowest in its many years.

A stock Bitcoin Currently highly liquid 3.13 million barrels, which is less than it was in December 2018 When the market saw his notorious surrender.

Associated with the steady decline in the number of coins Bitcoin Also available on stock exchanges in a stock-to-flow model (S2F) is common, which expects the price of a currency to continue increasing after each event by half due to an increase in demand and a decrease in supply.

A potential role for Bitcoin in intensifying domestic energy production in mining countries