After long weeks of bear market, bitcoin (BTC) has been recovering for a few days. The obvious interest of the financial giant BlackRock which has filed an application for a Bitcoin ETF with the SEC and which has moreover been imitated by many institutional investors, is undoubtedly the main catalyst for this temporary surge in the price of the bitcoin (BTC). An outbreak that could soon turn into a real bullish trend according to some analysts who predict an imminent bullmarket for the queen of cryptocurrencies. The bitcoiner Cameron Winklevoss has not remained on the sidelines of the news of his favorite cryptocurrency. According to him, now is the time for the great accumulation of bitcoin (BTC).
Place for the massive accumulation of bitcoin (BTC)
Cameron Winklevoss and his brother Tyler are two strong supporters of bitcoin (BTC). Recently, the Winklevoss brothers predicted a rise to $500,000 for the queen of cryptocurrencies. Always interested in the news of this digital currency and concerned about its future, Cameron Winklevoss has warned cryptophiles that the mass accumulation of bitcoin (BTC) began between retail investors and institutions.
“The great accumulation of bitcoin (BTC) has begun. Anyone watching the flurry of ETF deposits understands that the window to buy bitcoin (BTC) before ETFs go live and open the floodgates is rapidly closing,” the co-founder of crypto exchange Gemini claimed in a post. recent tweet.
Soon a battle between individual investors and institutions?
For some analysts, this large accumulation of bitcoin (BTC) could cause a showdown between institutions and retail investors. Michael Saylor, executive chairman of analyst firm MicroStrategy, foresees growth in institutional demand. A situation that could overshadow retail investors.
Investor Anthony Pompliano also joins Michael Saylor and announces a battle between retail investors and institutions. In a recent interview with CNBC, he said, “We have institutions and individuals scrambling to try and get their share of the 21 million bitcoins (BTC) that will never exist.”
Institutional investors who have always seen potential in cryptos are increasingly taking action. The cryptocurrency market is therefore likely to be very lively in the coming days.
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