Data shows that the number of Bitcoins in circulation over the counter has dropped to an all-time low, with less than 500 coins left. This means that institutional investors are accelerating their rush to buy Bitcoin, and the market supply is becoming increasingly tight.

Bitcoin’s halving is coming soon, and the reduction in supply will push the price even higher. It is expected that after the halving, Bitcoin production will be reduced by 50%, which will intensify the contradiction between supply and demand and lead to further price increases.

Multiple factors are good for Bitcoin, and the bull market may continue.
Institutional investors continue to enter the market, providing strong buying support for Bitcoin. The global economic situation is uncertain, and Bitcoin is sought after as a safe-haven asset. As the Federal Reserve releases water, inflation expectations heat up, and Bitcoin becomes more attractive as an anti-inflation asset.

Is Bitcoin price going up soon?
It should be noted that the cryptocurrency market carries huge risks and investment needs to be cautious.

The bull market may end at any time, and investors need to control risks. Don’t blindly chase the ups and downs, and adhere to the concept of value investment. Choose a high-quality platform for trading to ensure the safety of your funds.

Here are some factors that may affect Bitcoin’s future trends:
1. Federal Reserve Monetary Policy
2. Global economic situation
3. Cryptocurrency regulatory policies
4. Market sentiment

Investors need to pay close attention to these factors and make rational investment decisions.

Here are some positive factors worth paying attention to:
1. Institutional investors continue to enter the market
2. Bitcoin Halving
3. Global Economy
4. The Fed releases water and inflation expectations rise

Investors can choose appropriate investment strategies based on their own circumstances.