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Crypto
Bitcoin long-term holdings near 4 million BTC, raising supply shock risk
Bitcoin held by long-term investors is nearing 4 million BTC, raising analysis that the amount of supply actually available to trade is shrinking quickly. As institutions and high-conviction buyers continue to accumulate, a renewed rise in demand could intensify supply tightness and add upward pressure on prices. Analysts also point to stronger price support as a large share of recently bought bitcoin moves into profit territory.
Crypto
Crypto veteran says bitcoin unlikely to hit new high in 2026, sees true bottom at $50,000
Bitcoin’s bottom has not yet been confirmed and setting a new record high this year may not be easy, some analysts said. Early bitcoin investor Michael Terpin said bitcoin could fall to around $57,000 in October before forming a bottom, calling the market still bearish. Others see the February low near $60,000 as the bottom, while some experts also warn a final capitulation may still be ahead.
Crypto
Bitcoin at $1 million: Exaggeration or future? Experts cite key variable
A projection that bitcoin could reach $1 million over the long term has resurfaced, hinging on whether it can increase its share of the global store-of-value market, analysts say. Bitwise CIO Matt Hougan said the key is bitcoin’s role in preserving global wealth, not short-term market cycles. Other industry figures have echoed similar targets, while analysts stress the scenario would take years and require broader institutional adoption and clearer regulation.