Bitcoin’s price has been climbing, yet the number of large wallet addresses is decreasing, resembling the conditions that led to the previous market peak in 2021. This divergence raises concerns about the longevity of the current bull market.
Despite bearish outlooks, public companies continue to buy Bitcoin. MicroStrategy has increased its holdings significantly, alongside others like Mara Holding. This trend highlights a growing confidence in Bitcoin’s future, with the market’s momentum potentially overcoming negative forecasts.
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