Bitcoin's lack of fresh investors matters more than Strategy's sale, Citi says
Hex37's read
- Citi highlights a lack of new investors in Bitcoin as a key concern.
- Strategy's Bitcoin sale is seen as less impactful than the missing new demand.
- The absence of fresh capital poses a greater risk to BTC's market health.
What it means for traders
- Focus on on-chain data for new buyer accumulation to gauge Bitcoin's true demand.
- Consider potential downside risk for BTC if new investor inflow does not materialize.
Affected markets
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