New Bitcoin Whales in Two Months: Institutional Demand Rising?
Bitcoin is trading near important demand levels after losing $81,000 support, which has spurred crypto market bearishness. Trade war worries and macroeconomic uncertainties keep investors nervous, making the financial environment turbulent.
Evidence suggests that some long-term players still appreciate these levels despite the heavy pressure. Glassnode reports 76 new organizations possessing over 1,000 BTC in the previous two months. This 4.6% growth in big investors, frequently institutional or high-net-worth individuals, offers promise.
After days of selling pressure and volatility, Bitcoin is at $76,000. Geopolitical concerns, economic uncertainty, and US President Donald Trump's aggressive trade and fiscal policies keep risk assets on edge, stressing the market.
Many experts foresee short-term decline due to pessimistic mood. The inability to hold above critical levels like $81K has undermined Bitcoin's technical structure, making it difficult for bulls to recover.
Despite the pessimism, clues suggest smart money is still active. In the previous two months, 76 new entities owning over 1,000 BTC entered the network, according to on-chain statistics released by leading analyst Ali Martinez. This 4.6% rise in major investors suggests increased institutional demand, which might be optimistic during the downturn.
After a week of severe selling and support failures, Bitcoin is trading at $77,000. BTC is over $66,000, the final line of defense in this cycle, but momentum favors bearish. After Bitcoin failed to remain over $90K, bulls lost control, and yesterday's $80K breach aggravated the situation.
A breakdown below $75,000 might exacerbate losses and send Bitcoin plunging below $70K or lower. Market conditions are unstable, and macroeconomic uncertainties or risk sentiment tightening might trigger another selling wave. Bitcoin is reaching an inflection moment, and the next several days will likely shape the crypto market.
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