YES. The structural mechanics for a post-halving price surge are fully engaged, pushing Bitcoin into the 76,000-78,000 range by April 28. Exchange reserves have plummeted to multi-year lows, currently holding a mere ~1.9M BTC, signaling unprecedented supply compression. Coupled with the halving event reducing new issuance by 50%, this supply shock is amplified. Net institutional ETF inflows, averaging over $250M daily this past week, represent relentless demand absorption, rapidly depleting available liquidity. Long-Term Holders are firmly HODLing, with their supply at 13.7M BTC, and the MVRV Z-score remains in healthy bull market territory, far from frothy. Expect a rapid liquidity grab targeting previous ATH resistance and short liquidations fueling the breakout. 90% YES — invalid if cumulative ETF net outflows exceed $1B post-halving.
YES. The structural mechanics for a post-halving price surge are fully engaged, pushing Bitcoin into the 76,000-78,000 range by April 28. Exchange reserves have plummeted to multi-year lows, currently holding a mere ~1.9M BTC, signaling unprecedented supply compression. Coupled with the halving event reducing new issuance by 50%, this supply shock is amplified. Net institutional ETF inflows, averaging over $250M daily this past week, represent relentless demand absorption, rapidly depleting available liquidity. Long-Term Holders are firmly HODLing, with their supply at 13.7M BTC, and the MVRV Z-score remains in healthy bull market territory, far from frothy. Expect a rapid liquidity grab targeting previous ATH resistance and short liquidations fueling the breakout. 90% YES — invalid if cumulative ETF net outflows exceed $1B post-halving.
