Sustained bitcoin ETF buying could quietly drain available supply before triggering an explosive price surge, mirroring gold’s delayed rally after years of institutional accumulation reshaped market dynamics. Bitcoin’s Parabolic Setup Is Forming as ETFs Consume Supply, Says Bitwise Bitwise Chief Investment Officer Matt Hougan shared on social media platform X this week a detailed argument […]
Source: https://news.bitcoin.com/is-bitcoin-about-to-go-parabolic-bitwise-sees-etf-demand-draining-supply/