Institutional Demand Equaling 500% of Bitcoin Supply Could Push BTC to $96K
Institutions are buying Bitcoin (BTC) at more than five times the rate that miners are producing it. According to Charles Edwards, founder of Capriole Investments, such a gap has historically preceded significant price gains. In a post on May 4, Edwards said that every past instance of this demand-to-supply imbalance delivered an average return of … Read more