Institutions are increasing their BTC holdings significantly, while retail investors are experiencing a reduction in their cryptocurrency assets. Currently, retail wallets are down by 54,500 BTC over the last year, signaling a shift towards institutional ownership.
The rising Relative Strength Index (RSI) for BTC supports higher demand, suggesting that if the momentum continues, Bitcoin could break through the $109,000 resistance, with the potential to reach pricing levels around $111,968.
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