95% of Bitcoin has now been mined: Here’s why it’s important

💡 DMK Insight

Bitcoin’s capped supply of 21 million coins is more than just a number—it’s a game changer for scarcity and value perception. As we approach the final 2 million coins, traders should be paying attention to how this scarcity narrative could drive demand. Historically, Bitcoin has seen price surges following halving events and significant supply milestones. The current market sentiment is already shifting, with many speculating that this impending scarcity could lead to a bullish trend. Watch for key resistance levels around previous highs, as breaking through those could trigger further buying pressure. But here’s the flip side: if the market doesn’t respond as expected, we could see a wave of profit-taking from those who bought in during the recent rally. Keep an eye on volume trends and market sentiment indicators to gauge whether this narrative is gaining traction or if skepticism is creeping in. The next few weeks will be crucial, especially as we approach significant technical levels.