Institutional demand for Bitcoin is on the rise, with ETFs and corporate treasuries now holding 12% of the total supply. This shift in ownership suggests that retail traders are no longer the dominant force driving prices. With BlackRock’s iShares Bitcoin Trust alone responsible for 3.8% of the supply, expect them to play a significant role in setting future price trends. Real-time inflows from institutions can provide the support necessary for Bitcoin to reach the predicted range of $78,000-$80,000. Just keep an eye on those ETF inflow reports. #Bitcoin $BLK ⬇️
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