Analyst sees major Bitcoin breakout as retail and institutions stack ‘relentlessly’

Bitcoin is holding steady at 108,716 USD, showing potential for a breakout as both retail investors and institutions actively accumulate.

Research from André Dragosch highlights that corporate Bitcoin treasuries have risen sharply, with over 140,000 BTC added recently, outpacing production of new Bitcoin.

Retail demand is increasing, reaching its highest levels since April, indicating strong confidence among investors from all segments in the market.

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