Bitcoin price may slide toward $30K as institutions dump 450% of daily BTC supply
Hex37's read
- Institutions are dumping Bitcoin, selling nearly 2,000 BTC daily.
- Bitcoin ETFs and companies are reducing their holdings.
- Buying momentum from institutions has slowed down significantly.
What it means for traders
- Potential for a price drop towards $30,000 due to increased selling pressure.
- Consider shorting BTCUSDT or looking for bearish signals on institutional-heavy assets.
Affected markets
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