Bitcoin holdings of public companies have surged in 2021
The amount of BTC held by public companies has gained significant market share from that held in spot ETFs since Microstrategy’s “Bitcoin for Corporations” conference during Feb 2021.
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The amount of BTC held by public companies has gained significant market share from that held in spot ETFs since Microstrategy’s “Bitcoin for Corporations” conference during Feb 2021.
High-volume candles associated with Bitcoin price dips already occurred on derivatives exchanges this time round, Willy Woo notes.
The massive upside move comes as a part of a rebound that started Friday after Electric Coin Company discussed the prospects of moving Zcash to proof-of-stake.
Popular crypto analyst Willy Woo says that the altcoin market cap is like the cricket bat that has had 10 new handles and 10 new blades.
Bitcoins short-term structure signals that most of October could be a cooling-off period before the next bullish attempt, according to a crypto analyst.
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a high probability of reversal.
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