BTC Could Easily Reach $150K As OTC Supply Nears Depletion – Analyst

• There is a shortage in Bitcoin’s OTC supply.
• Investors’ behavior after OTC depletion could push BTC to $150,000.
• FUD or FOMO could follow BTC’s current state, depending on market makers’ behavior.

A Bitcoin analyst on X has highlighted a scenario that could trigger a BTC price rally. In a recent post, the analyst noted a potential shortage in Bitcoin supply looming. He forecasted the possibility of the cryptocurrency reaching $150,000 soon, depending on investors’ behavior.

The analyst argued that the reason Bitcoin price has remained relatively stagnant since January despite massive BTC purchases by whales and institutional investors is because those investors choose to buy Bitcoins over the counter (OTC).

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