Analysis: half halving, bitcoin's active market supply drops to its lowest level in months

According to Bitcoinist reports, yesterday, the active supply of bitcoin in the market fell to its lowest level in months, indicating that the market's demand for bitcoin remained stable before halving (note: the next halving is expected to occur in 2020 May 18, 2014). This could explain why the active supply of bitcoin fell by 3.3% yesterday: People bought more BTC before halving, as this is expected to drive bitcoin prices higher.