Bitcoin’s price action this month has left traders watching closely as big players double down on bullish 0 to VanEck’s research, the investment firm has reaffirmed a $180,000 year-end target even after Bitcoin slid from a recent high, a sign that some institutional buyers are not backing away despite a 1 Reading: Solana Extends Streak, Outshines Ethereum in DEX Volume – Details Institutional Buying Remains Heavy Reports have disclosed heavy accumulation in July. Exchange-traded products bought 54,000 BTC while Digital Asset Treasuries added 72,000 BTC, giving clear evidence that large holders continue to pile 2 first laid out its bullish view in November 2024 when Bitcoin traded around $88,000.
At the same time, US-listed miners now account for 31% of global Bitcoin hashrate, up from roughly 30% earlier this year, even as equity index fell 4% when excluding Applied Digital’s 50% 3 Moves Show Volatility And Quick Recovery Bitcoin slid to $112,000 in early August before jumping back to $124,000 on August 4 move set a new all-time high above July’s $123,838. At the time of writing, Bitcoin trades close to $115K, roughly 8% below that recent 5 describe the pullback as a repositioning after a run-up, not an obvious breakdown.
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