Bitcoin's 'Infinite' Paper Supply — Not Wall Street — Is The Real Problem, Says Analyst

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A veteran analyst suggests that Bitcoin's 'infinite' paper supply, created by financial derivatives and other products, is the real problem behind its recent price drop, rather than traditional market narratives.

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Market impact analysis based on bearish sentiment with 80% confidence.

المشاعر
Bearish
ثقة الذكاء الاصطناعي
80%
الأفق الزمني
قصير الأجل

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As Bitcoin (CRYPTO: BTC) slid back from recent highs, some market voices blamed outdated narratives such as four-year cycles or technical anomalies. Others argue the issue runs much deeper. BTC's ‘Theoretical Infinite' Supply Veteran technical analyst Bob Kendall said Bitcoin is no longer priced by on-chain scarcity or the fixed 21-million supply. Once financial layers were added, including futures, perpetuals, options, ETFs, lending products, wrapped BTC and swaps, Bitcoin effectively lost scar

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المقال الأصلي منشور بواسطة Yahoo Finance في فبراير 8, 2026.
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