Despite recent institutional purchases led by Michael Saylor and MicroStrategy, analysts warn that spot demand for Bitcoin is showing signs of weakening. This trend could represent a warning sign for the current bullish momentum in the market.
š¦ Institutional purchases are not enough
MicroStrategy has continued to increase its position in BTC, and other institutions have also entered the market. However, according to an analysis published by CoinDesk, these movements do not offset the decline in interest from retail investors and active traders in the spot market.