Bitcoin may hit $110K as Strategy absorbs nearly 3x new BTC supply
By Cointelegraph by Yashu Gola
Bitcoin may reach $110,000 as Strategy purchased 46,233 BTC in just over a month, absorbing nearly three times the 16,200 BTC of new supply issued in the same period. This buying spree could invalidate Bitcoin's bear flag chart pattern.
Not financial advice. Do your own research before making investment decisions.