Fidelity: Bitcoin Enters Scarcity Era
Fidelity flags Bitcoin scarcity era as five public companies hold nearly 1M BTC while under 1M remains to be mined, with BTC at $73762.
SourceAnalysis
Fidelity states Bitcoin is entering an era of scarcity after five public companies accumulated nearly 1 million BTC against less than 1 million BTC left to mine, underscoring Bitcoin remaining supply after halvings and 21M cap dynamics. Public companies Bitcoin treasury holdings vs scarcity narrative now drives supply-demand imbalance. With BTC trading at $73762 inside the Bollinger band, the bearish EMA50 at $76017.21 serves as immediate resistance while the MACD death cross at -916.57 signals further downside pressure before any recovery in BTC price prediction models.
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