Bitcoin’s Future Growth: Balancing Short-Term Demand with Long-Term Supply Dynamics

According to a recent analysis by a Bitfinex expert, the **future of Bitcoin’s price** trajectory is significantly influenced by the dynamics between **Short-Term Holders (STH)** and **Long-Term Holders (LTH)**. The current supply from STH has surged to approximately **3.28 million bitcoins**, a level often observed at the onset of previous bull market peaks, reflecting a growing interest among retail investors. However, this scenario is tempered by the **profit-taking behavior** of long-term holders, which could impede Bitcoin’s upward momentum. Over recent weeks, the supply influx from LTH has stabilized, indicating that the market lacks enough **spot demand** to absorb this influx. Should the buying power from STH not sufficiently counterbalance the selling pressure from LTH, we may see a stagnation or potential decline in Bitcoin prices. Thus, the interplay between these two groups will be crucial for the cryptocurrency’s market performance.