Corporate Bitcoin treasuries like Strategy’s are expected to deplete OTC desks and exchanges, leading to a supply imbalance that will drive BTC price growth. Bedlam Capital Pres predicts a supply shock that will “uncork” Bitcoin’s price potential. Strategy continues to buy BTC weekly, with exchanges seeing declining reserves as hodlers take profits. Glassnode reports over $1 billion in realized profits in the past 24 hours, with significant amounts coming from long-term holders. The market remains fragile and vulnerable to external negative catalysts.
Read more at Cointelegraph: Bitcoin is Due to Get “Uncorked” by Corporate Treasurys
