21Shares Questions the Likelihood of a Prolonged Bitcoin Correction
In the near term, Bitcoin is unlikely to enter a downward trend, according to Matt Mena, a researcher at 21Shares, in a conversation with Cointelegraph. “The structural imbalance between rising demand and rapidly diminishing supply makes a prolonged correction unlikely,” he explained. Bitcoin reserves on exchanges and over-the-counter platforms remain at historic lows, Mena stated. […]