Metaplanet Don Increase Bitcoin Holdings By 775 BTC To 18,888 BTC
Japanese crypto asset manager Metaplanet don add 775 BTC, make their total Bitcoin holdings reach 18,888 BTC. Dis purchase show say Metaplanet still believe well for Bitcoin market. Dis move follow how other big company dem dey gather Bitcoin and e show support for market stability. As more company dem dey buy, supply fit tighten and e fit make BTC price rise for both short and long term. Traders dem suppose dey watch how company dem dey accumulate as e fit show bullish indication.
Bullish
Metaplanet big big Bitcoin buy don show say corporate dem dey hungry for BTC. Historically, wetin MicroStrategy and Tesla do before don bring price rally. Dis corporate demand dey reduce the supply for exchange and e dey show say institution sabi the matter. Short term, traders fit see better bullish catalyst as market dey react to institution buy. Long term, to dey accumulate still go help price floor growth and e go reduce wahala for price to change, e go keep pressure make BTC price dey go up.