NewsBTC
Sep 16, 2025
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Bitcoin Supply Squeeze Emerges as Scarcity Index Spikes

After reaching a high of $116,689 on September 15, Bitcoin (BTC) slightly decreased to just over $114,000. Recent data from Binance indicates the first spike in the Bitcoin Scarcity Index since June 2025.

Key Points on Bitcoin Scarcity Index

  • The Bitcoin Scarcity Index measures available BTC supply on exchanges against buying demand.
  • A spike suggests strong accumulation by large investors or institutions, potentially indicating upward price pressure.
  • The recent spike was attributed to either large BTC withdrawals from Binance or a drop in sell orders.
  • This index rise could indicate an accumulation phase if sustained over several days.
  • Quick increases followed by drops may suggest speculative activity or liquidations, possibly leading to corrections.

Bitcoin Scarcity Index Chart

Market Trends and Technical Signals

  • The rapid return of the index towards zero could indicate declining buying momentum.
  • Despite this, BTC recently surpassed the mid-term holder breakeven level, suggesting potential for another rally.
  • A technical signal known as the Golden Cross has appeared, forecasting possible price appreciation.
  • As of now, BTC trades at $114,601, down 0.9% in the last 24 hours.

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