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Why institutional investors will support Bitcoin above the $30k level
AMBCrypto
Thu, Jan 14, 2021 5:30 PM by AMBCrypto
Why institutional investors will support Bitcoin above the $30k level
Institutional buying that started when Bitcoin’s price was as low as $19000 has continued well into the $40000 level. Institutions like Grayscale have consistently added to their Bitcoin holdings irrespective of the price rally and the subsequent correction. Based on data from the Coinbase chart, there is a possibility that institutional investors have bought $BTC […]
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