Bitcoin De Eye $200K Wit 1% Institutional Inflows
Bitcoin market capitalization don reach $2.34 trillion as institutional investors dey increase how dem dey allocate money. According to Kobeissi Letter, US institutions dey manage assets worth $31 trillion. If dem allocate only 1% from US inflows—about $300 billion—e fit make BTC price go up by 13% reach $133,000. If global institutional inflows reach 1%, Bitcoin fit reach near $200,000. Big big players like BlackRock and Fidelity don already get 717,388 BTC (3.6% of circulating supply) and 601,550 BTC (3%) respectively, wey add up to 6.6% of supply. Recent drop of 4.3% from $122,000 all-time high to $117,850 na because long-term holders dey take profit, Glassnode report say this week profit realization na the biggest for the year. Main things wey go fit move price further na continued institutional demand, corporate treasury stacking, and possible adoption by nation-state. Traders make dem dey watch support at $103,644 and resistance near $126,231, consolidation fit happen before the next move go $130,000 and pass.
Bullish
Di tori beta tin koko for Bitcoin for short term and long term. Di heavy money wey dey-enter from big big company dem dey show say demand and liquidity plenty, e fit make price climb reach $133,000 and even $200,000 targets if allocation reach 1%. BlackRock and Fidelity big buyings show say big asset managers still dey support am, this one dey boost market confidence. Even though dem collect small profit before, e make market fall small by 4.3% from $122K all-time high, such corrections normal before market go continue to dey climb. With solid consolidation expected for support levels wey near $103,644 and $117,850, Bitcoin fit resume e climb as more institutional, corporate treasury, and nation-state start to accept am. Generally, demand structure still strong, e dey point to bullish trend.