Honestly, I’ve always kept a close eye on institutional activity. Their positions are large, after all, so their moves are usually a useful indication of where things are headed.
I just saw this: “Strive added around 7,600 BTC over two weeks; TD Cowen raised its price target to $56.”
Looks like long-term investors are still coming in, which gives me a bit more confidence.
$BTC What do you all think?