Martina
Tue Aug 06 2024
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6 answers
1533
Is a decreasing supply to bitcoin a sign of bullishness?
Hello, could you please elaborate on the significance of a decreasing supply of Bitcoin in the context of market sentiment? Is it a potential indicator of bullishness, and if so, how does this mechanism contribute to the overall upward trend in the value of Bitcoin? Additionally, are there any other factors that need to be considered when analyzing the potential impact of a decreasing supply on the cryptocurrency's market performance?
