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The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.
Last week, I put the massive buying pressure coming to bitcoin in context, but there is another — perhaps the largest — source of potential demand entering the scene.
We already know the Bitcoin ETFs, MicroStrategy issuing more shares to buy more bitcoin, Tether’s constant buying, and the halving will all be major sources of demand this cycle. For example, in the first two weeks of trading alone,…
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