Bitcoin nears final supply milestone while price tests $52,891 support level

Bitcoin is trading around $64,200 and faces a critical support zone near $52,891, identified by analysts as the on‑chain stress threshold. A break below this level could trigger a sizable drop, while a hold above it would allow the market to pursue a next resistance near $69,000.

At the same time, the cryptocurrency’s total supply is approaching its hard cap. About 95.24 % of the 21 million BTC have been mined, leaving roughly one million coins – the so‑called “final million” – to be released over the coming decades. Daily issuance has fallen to about 450 BTC after the April 2024 halving, with a further halving expected in 2028 reducing the rate to roughly 225 BTC per day. The last fractions of new Bitcoin are projected to be mined around 2140, reinforcing Bitcoin’s scarcity narrative that many institutional investors cite as a hedge similar to gold.