Analysis: Bitcoin Fundamentals Remain Strong, Deep Short-Term Corrections Unlikely
Odaily Planet Daily reported that 21Shares strategist Matt Mena stated that due to structural imbalances in supply and demand, it is becoming "increasingly unlikely" for Bitcoin to experience a prolonged correction in the short term. Currently, BTC supply on exchanges and OTC markets is at historic lows, while continued accumulation by ETFs and institutions is driving upward momentum. In addition, Bitcoin has reached new all-time highs during the summer liquidity lull, reflecting strong fundamentals. Mena warned that unexpected tariffs from Trump or Federal Reserve policies could pose macro risks to Bitcoin. (Cointelegraph)
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