Hold Your Coins: The Bitcoin Market Isn’t Going Anywhere Fast! 😂

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In the subtle whispers of the marketplace, where the tale of bitcoin unfolds like an ancient saga, a fellow by the name of Adler has ventured forth with tidings most curious. He chimes a tune that suggests our beloved crypto realm is merely a fledgling bird, still testing the confines of its nest. Long-term holders, those rugged hearts dressed in digital armor, remain stubborn as a mule, showing no inkling of haste to part with their shiny treasures. 🐴

Now, it would seem that the supply, much like a spring creek after a refreshing rain, has begun to bubble forth once more. This was especially so after Bitcoin, that restless spirit, decided to reclaim the glorious throne of $100,000 back in that bright and sunny month of June. But don’t get too excited, for it lingers below the lofty heights reached in wild times of yore, when it danced with the stars during the boisterous bull runs. 🌟

Adler, with a glint of humor in his eye, points to the ratio of active supply like it’s some precious heirloom, now shining bright — climbing a respectable 2.4% over the past month. But the figures still pale when reminiscing about 2024, a time when active supply soared like an eagle, reaching peaks of 20% as prices danced like it was New Year’s Eve. 🦅

Ah, those “sleeper coins,” like forgotten soldiers returning from distant wars. They are the long-idle assets that, when awakened, send ripples through the economy, reminiscent of a bear startled from its slumber. They were once the harbingers of change, the stirring winds in earlier tides of distribution.

In a twist of fate, Adler, donning his crystal ball, foresees a gradual uptick in supply activity as Bitcoin clings valiantly above the vaunted $120,000 mark. First, it may flirt with numbers in the 8-10% range, before eventually flirting more audaciously with percentages lofty as 18 to 20%. Until that great day arrives, he presumes a sturdy “bullish buffer” shall remain, holding the line like a steadfast lighthouse guiding ships through tempests, as supply holds a tight leash on itself. 🏰

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2025-07-24 13:17