This is great

This might be the first time we see a real supply shock with bitcoin.

This is the first bull market where we are seeing decreasing bitcoin supply on exchanges.

Normally when price goes up the balances on exchanges also goes up as people sell to lock gains.

Not anymore.

(Source: https://x.com/misterrcrypto/status/1870545271752716317/photo/1)

This is great news going forward.

We are going go to see a huge squeeze in the price in the not too distant future and it will be very fun to be a part of.