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$BTC
holdings at OTC desks have seen a significant increase in the last two months.
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BTC
63,295
-1.32%
643
0
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🐳 $ETH whales have accumulated over 200,000 ETH in the last 96 hours, adding approximately $540 million to their holdings
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📊 $BTC is only a 20% of the market size of financial gold. This refers to the physical gold directly tied to the financial system through central banks and investment products like gold #ETFs. The point is that Bitcoin is still a small fraction of the gold market. Just based on that the potential for growth in the long run is huge.
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📊 $BTC seems to be trading within a parallel channel on the lower time frames. If the $63,500 support holds, BTC could bounce back to $64,200 or even $64,800. However, if it breaks, a drop to $62,800 might be on the horizon.
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📈🥳 $BTC bull market is officially back on, according to the IFP index!
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🎢 $BTC #Matrixport : Robust stablecoin minting is the main force behind Bitcoin rise, suggesting institutional influence surpasses macroeconomic factors.
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