Analyst: Bitcoin may hit a record high due to corporate accumulation and ETF inflows

avatar
ODAILY
04-28
This article is machine translated
Show original
According to Bernstein analysts, Bitcoin may soon reach a new historical high due to enterprise accumulation and ETF capital inflows. Analysts pointed out that the current supply and demand dynamics of Bitcoin make it difficult to be bearish on this asset. Recently, SoftBank, Tether, Bitfinex, and Cantor Fitzgerald jointly launched a new Bitcoin enterprise vault project called Twenty One Capital, expected to initially hold 42,000 BTC. Analysts predict that as enterprises and ETFs continue to accumulate, Bitcoin may break through the current price range and reach a new high. (Block)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments