Major institutions continue accumulating BTC as it consolidates above the historic milestone.
Bitcoin continues to trade above the $100,000 mark as institutional investors maintain their buying pressure.
The Current State
After breaking through the psychological $100K barrier last week, Bitcoin has shown remarkable stability. Rather than experiencing the volatile pullback many expected, BTC has consolidated between $98,000 and $105,000.
Institutional Activity
Major players continue to accumulate:
- BlackRock’s IBIT ETF: Added 12,000 BTC this week
- MicroStrategy: Announced plans for another $500M purchase
- Grayscale: Reported record inflows
On-Chain Analysis
Blockchain data reveals interesting patterns:
- Long-term holders are not selling
- Exchange balances at multi-year lows
- Mining difficulty at all-time highs
What’s Next?
Analysts are divided on short-term price action, but most agree the long-term trend remains bullish.
Remember: Never invest more than you can afford to lose in crypto.