Can surging scarcity drive Bitcoin higher?

Can surging scarcity drive Bitcoin higher?

Bitcoin’s stock-to-flow (S2F) ratio has jumped 37.5% to 795.8K, pointing to heightened scarcity. 

This metric evaluates the relationship between circulating supply and newly mined coins, with rising values reflecting tighter issuance. 

Historically, elevated S2F readings have preceded bullish phases due to increased perceived value. This aligns with accumulation signals, strengthening the narrative of long-term holding over short-term speculation. 

As a result, this scarcity surge could further catalyze bullish momentum—especially if demand sustains while supply remains constrained.