Bitcoin ($BTC) posting a 1.65% gain over the past 7 days, with a robust 24-hour volume of $69.65 billion—up 27.74%.
Rising corporate accumulation, the effects of post-halving scarcity, and Bitcoin’s role as “digital gold” are fueling an increasingly optimistic Bitcoin price prediction, with many analysts expecting continued upside in the coming months.
Bitcoin’s Power Shift: Institutions Take the Lead
Over 30% of Bitcoin’s circulating supply is now held by just 216 centralized entities, marking a major transformation in the crypto landscape.
This trend underscores two key developments: the rapid acceleration of institutional adoption and the increasing centralization of custody services.
In the last 24 hours, the crypto market witnessed over $1 billion in liquidations, with a staggering $943.31 million from long positions—underscoring extreme volatility.
Adding to the pressure, Bitcoin miners are selling very little, averaging just 500 BTC per day. With growing demand from investors and institutions, this tightening supply is creating a strong supply-demand imbalance, which could fuel upward momentum in Bitcoin’s price.
BTC Price Prediction
When it comes to Bitcoin price prediction, if market sentiment turns bullish, BTC is expected to surge and retest the $120,000 mark—setting the stage for a potential breakout toward new all-time highs.
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