Is Bitcoin Ready to Go Nuclear? What the OTC Supply Squeeze Means for Prices

Bitcoin’s price momentum in October, affectionately dubbed “Uptober,” saw an approximately 12% gain, sparking speculation about a potentially “nuclear” rally. At the center of the buzz are rumors that over-the-counter (OTC) desks, commonly used by institutional buyers to acquire large amounts of Bitcoin without moving markets, are starting to run dry. This supply crunch, driven The post Is Bitcoin Ready to Go Nuclear? What the OTC Supply Squeeze Means for Prices appeared first on CoinGape .

Source: CoinGape