With Bitcoin (BTC) crashing to $95k despite high investor interest, ETF success, and a reserve in the discussion, the question arose about what was going wrong. However, a famous crypto analyst, or OG, has asked investors to overlook this and focus on why they aren’t bullish enough. In this blog, let us discuss what this means.
Why This Bitcoin OG Claims Investors Aren’t Bullish Enough?
BTC is the biggest cryptocurrency in the market and follows a particular cycle revolving around halving. Based on this cycle, many Bitcoin price predictions have been made, with one being that it would surpass $200k by the end of 2025. Interestingly, amid these bullish beliefs, crypto analyst Adam Black claims people aren’t bullish enough
Back highlighted the massive difference between BTC’s supply and demand in an X post, making a strong bullish case. He argues that sellers can only sell once, while ongoing buy pressure is 4- 5 times the mined tokens.
Additionally, he adds that the crypto exch
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