$BTC

WHAT MAKES BITCOIN (BTC) STILL TRUSTED BY LARGE ORGANIZATIONS?

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Bitcoin ($BTC) has gone through many cycles of strong volatility, but it still holds the position of the world's number 1 digital asset.

So what makes Bitcoin continue to be trusted and accumulated by large organizations?

1. Limited supply

• Only a maximum of 21 million BTC will be created.

This makes Bitcoin a natural inflation-resistant asset, completely different from fiat money.

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2. Increasingly accepted

• Many large financial organizations such as MicroStrategy, Tesla, BlackRock have been accumulating BTC.

• Many countries have also legalized Bitcoin as a means of payment.

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3. Continuous whale accumulation

• Recent on-chain data shows that whales are withdrawing BTC from exchanges and transferring to storage wallets.

This often indicates that they have no intention of selling in the short term.

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Note: This article is for personal commentary only and is not investment advice. Please do your own research and consider before making any decisions.