Bitcoin’s Ownership Base is Maturing, Reducing Reliance on Retail: Analysts

Bitcoin’s Ownership Base is Maturing, Reducing Reliance on Retail: Analysts
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Bitcoin Magazine

Bitcoin’s Ownership Base is Maturing, Reducing Reliance on Retail: Analysts

Bitcoin investors have shown surprising resilience despite recent market turbulence, fueled by institutional investors and aggressive corporate treasury buyers. 
Analysts say this trend highlights a structural shift in ownership that could support long-term growth. Institutional demand is clearly back, with “four consecutive sessions of ETF inflows and aggressive spot demand…suggesting one thing: institutional buyers have returned and they’re ready to increase their holdings around current prices, which recovered to above $70k as a result,” Bitfinex said in a note to Bitcoin Magazine.
Bitfinex wrote that “a sustained break above resistance could trigger momentum expansion, as positioning and the balance of flows suggest that the market is preparing for its next directional move after weeks of range trading.”
Bitwise Chief Investment Officer Matt Hougan also noted B

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