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soufidayn05.Eth

@soufidayn05

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The Bitcoin Supply Crunch Is Here – And It’s Getting Real You know that feeling when everyone’s rushing to grab the last few slices of pizza? Well, that’s kind of what’s happening with Bitcoin right now. Since April, Bitcoin ETFs have snapped up over $16 billion worth of BTCand that’s just the ETFs. Big players like MicroStrategy and other corporations are quietly stacking up their own Bitcoin stashes, too. At the same time, Bitcoin reserves on exchanges are drying up fast, hitting levels we haven’t seen in years. Fewer coins up for sale + growing demand? You do the math. What’s driving this? Fear and uncertainty. When Trump floated the idea of new tariffs, Bitcoin saw a spike in buying proof that more people are treating it as a hedge against chaos. And with August 1st looming as the deadline for those tariffs, things could get even wilder. Bottom line? Bitcoin’s in the spotlight, and this supply squeeze might just be the start. Buckle up. 🚀
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Ethereum ($ETH) Update The battle between bulls and bears in this zone is intense 📉, and it’s clearly impacting altcoins as well. 🔴 Key Support Levels to Watch: First Support: $2,424 – A strong level where buyers have historically stepped in. Holding here could fuel another upward move. Second Support (Critical): The $2,323 - $2,121 range – This is the last major defense. If market pressure pushes ETH down (hopefully not!), we could see a quick bounce from here before resuming the uptrend (inshallah). ⚠️ Losing this zone would be concerning and require a reassessment, as the outlook would turn bearish. 🟢 Resistance & Next Targets: The chart shows clear trendline resistances, with the main upside targets at: $3,030 $3,737 $4,545 Once these levels are tested, we’ll revisit the analysis (God willing). Final Thoughts Let’s take it step by step and see how the chart unfolds. I’ve tried to keep this unbiased and objective no #confirmation_bias here! I’d love to hear your thoughts agree or disagree? Drop your take in the comments! Let’s keep the discussion constructive. 👍😊
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