Quote:
Originally Posted by bwhhisc
back up to $ 60K
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Ten days ago, 12,000 BTC worth roughly $700 million, was moved out from an address, seen as a likely withdrawal to cold storage for long-term holding by one or more institutional investors. It might be a sign the investors took advantage of the price dip to accumulate bitcoin at a discounted price.
More and more institutional investors are jumping in. Expecting another bull run until it hits $75K.