## Welcome to the 1st edition of Bitfinex Alpha 2025!

We saw #Bitcoin recently hit an ATH of $108,000 📈
While a Q1 2025 pullback is possible, tightening supply and bullish miner sentiment point to a strong 2025.

The Liquidity Inventory Ratio has dropped dramatically from 41 months in October to just 6.6 months.

This shows $BTC liquidity is tightening rapidly, making it harder to meet growing demand. 💧

Since April 2024, miner-to-exchange flows have hit multi-year lows 🔥

Miners are holding onto their $BTC, easing selling pressure, and helping cushion the recent correction.

What’s next for #Bitcoin? 📈📉
Are you bullish for 2025?
<https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-btc-sell-side-liquidity-drying-up/>

Our journey began in Türkiye 🇹🇷, where the #BitfinexFinancialFreedom Tour reached 21 cities and empowered communities with the tools for financial independence.

Now, we continue to El Salvador 🇸🇻 – the world’s first #Bitcoin nation. 🌎

Learn more: https://financial-freedom-tour-es.bitfinex.com
We’ll share stories of freedom and possibility, from vibrant cities to inspiring villages.