Bitcoin Price Predicted To Rise Due To 'Demand And Supply Dynamics,' Says Analyst As King Crypto Rebounds 10% In Last 7 Days
Bitcoin Price Predicted To Rise Due To 'Demand And Supply Dynamics,' Says Analyst As King Crypto Rebounds 10% In Last 7 Days
Bitcoin (BTC) is poised for a price surge as demand begins to outstrip supply, according to a prominent crypto analyst.
一位著名的加密分析师表示，随着需求开始超过供应，比特币（BTC）的价格有望飙升。
What Happened: "When supply exceeds demand, the asset's price tends to decline. Conversely, when demand outstrips supply, the price usually rises. These same principles apply to Bitcoin," crypto analyst Ali Martinez wrote on X on Thursday.
发生了什么：“当供应超过需求时，资产的价格往往会下跌。相反，当需求超过供应时，价格通常会上涨。同样的原则也适用于比特币。” 加密分析师阿里·马丁内斯周四在X上写道。
The recent market dynamics, including a rise in the supply of BTC after it hit an all-time high of over $73,700 in March, led to a corrective phase that saw the price of Bitcoin drop below $57,000. This drop caused Bitcoin to fall below its "Short-Term Holder Realized Price," sparking market fear as short-term holders are more likely to sell based on price volatility, the analyst said.
最近的市场动态，包括比特币在3月份创下73,700美元以上的历史新高后供应的增加，导致了修正阶段，比特币的价格跌破了57,000美元。该分析师表示，这种下跌导致比特币跌破其 “短期持有者已实现价格”，引发了市场的担忧，因为短期持有人更有可能根据价格波动卖出。
"The Short-Term Holder Realized Price, which currently stands at $60,500, served as an accumulation point despite investors' fears. Indeed, long-term holders felt comfortable adding more than 70,000 $BTC to their positions at these levels after realizing profits in March," he added.
“尽管投资者感到担忧，但短期持有者的已实现价格目前为60,500美元，仍是一个累积点。事实上，长期持有者在3月份实现盈利后，对在这些水平上增加超过70,000美元比特币的头寸感到满意，” 他补充说。
The Short-Term Holder Realized Price, which currently stands at $60,500, served as an accumulation point despite investors' fears.
Indeed, long-term holders felt comfortable adding more than 70,000 $BTC to their positions at these levels after realizing profits in March. pic.twitter.com/BARIqJM4xH— Ali (@ali_charts) May 16, 2024
尽管投资者感到担忧，但短期持有者的已实现价格目前为60,500美元，仍是一个累积点。
事实上，长期持有者在3月份实现盈利后，对在这些水平上增加超过7万美元比特币的头寸感到满意。pic.twitter.com/bariqjm4XH— 阿里 (@ali_charts) 2024 年 5 月 16 日
Martinez now predicts that the demand for Bitcoin will soon surpass the supply, pushing Bitcoin value upwards. He pointed to the movement of over 30,000 BTC to private wallets for long-term holding since early May as evidence of confidence among holders in Bitcoin's future value.
马丁内斯现在预测，对比特币的需求将很快超过供应，推动比特币价值上涨。他指出，自5月初以来，有超过3万枚比特币流入私人钱包进行长期持有，这证明了持有者对比特币未来价值的信心。
Why It Matters: Cryptocurrencies like Bitcoin, Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE), and Shiba Inu (CRYPTO: SHIB) have seen gains this week after increasing institutional interest in spot Bitcoin ETFs resulted in $1.3 billion inflows in the last two weeks.
为何重要：比特币、以太坊（加密货币：ETH）、狗狗币（加密货币：DOGE）和柴犬（加密货币：SHIB）等加密货币本周出现上涨，此前机构对现货比特币ETF的兴趣增加，导致过去两周流入13亿美元。
The next Bitcoin price target for bulls, according to "Bitcoin OG" Lluciano aka Lucky is $69,000. Crypto researcher Alex Wacy asked if it's "fair to assume that the way to $80K is now open?"
根据 “比特币OG” 卢西亚诺又名Lucky的说法，多头的下一个比特币目标股价为69,000美元。加密研究员亚历克斯·韦西问道，“可以公平地假设通往8万美元的道路现在已经打开了吗？”
Price Action: Bitcoin is currently trading at $66,877.6, marking a significant 51% increase year-to-date.
价格走势：比特币目前的交易价格为66,877.6美元，今年迄今已大幅上涨51％。