610 coins😂 these guys can really manage the market.
S_D_Pro
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🚀 Bitcoin will not drop below $89,000 and could reach $1.5 million!
The American company KULR bought 100 $BTC at an average price of $103,905 per coin, increasing its supply to 610 $BTC .
🔹 Their average purchase price is $98,312, making the $89,000 level a key support. 🔹 Goldman Sachs owns a Bitcoin ETF worth over $2 billion and an Ethereum ETF worth $476 million. 🔹 Cathie Wood is confident that BTC will reach $1.5 million as institutions are massively entering crypto.
📊 Why is $BTC unlikely to drop below $89,000?
✅ The $89K level is a buying zone for new whales; they are more likely to accumulate than to sell at a loss. ✅ Old whales hold BTC at an average price of $26,000, providing them with a huge financial cushion. ✅ Institutional capital is growing – funds, banks, and companies are strengthening their crypto positions.
🚀 Market impact:
📈 Long-term accumulation – major players are not selling BTC but increasing their positions. 💰 Institutional interest – Goldman Sachs and others are increasing investments, which strengthens the market's foundation. ⚡ Whales control the supply – lower liquidity in the market could accelerate BTC's growth.
🔥 Conclusion: According to CryptoQuant data, BTC is unlikely to drop below $89,000, and if institutional demand continues, a rise to $1.5 million is no longer a fantasy.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.