Bitfinex analysts believe that in the near future, daily emission will amount to approximately $40 to $50 million, decreasing to $30 million in a few months. This change is expected as a result of several mining companies exiting the market and the increased costs of BTC mining for smaller miners.
The analysts at the cryptocurrency exchange have calculated that, considering the average daily influx of funds into spot Bitcoin ETFs ($150 million), the demand for the asset will significantly outpace supply.
Furthermore, Bitfinex representatives note that miners will be compelled to reduce bitcoin sales in order to replenish their reserves. Prior to the halving, many companies sold a portion of their BTC to upgrade their equipment, but now they plan to restore their balances.
Bitfinex specialists have also observed that several investors are moving their assets under direct management, withdrawing them from exchanges. This shift will also impact the price of digital gold:
“The data shows that the outflow of bitcoins from exchanges is reaching levels not seen since January 2023. Many investors are placing their assets in cold storage in anticipation of price increases.”
Earlier, representatives from the QCP Capital fund stated that the limited supply of Bitcoin will lead to the stabilization of the cryptocurrency’s price in the short and medium term.