strong buy
Fidelity Notes Surge in Old Bitcoin Supply Outpacing New Coins
Fidelity emphasizes the increase in the supply of long-held Bitcoin as inactive coins surpass the influx of newly minted ones.
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AI Analysis
Fidelity's observation of an escalating supply of ancient or dormant Bitcoin indicates a shift in the asset's supply structure. This trend suggests that more long-term holders are avoiding selling the...
AI Recommendation
Investors should monitor the trend of dormant Bitcoin supply closely, as this could signal a tightening supply that supports price resilience. In the short term, maintaining a cautious stance is advis...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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