‘Sustained institutional buying’ will hold Bitcoin above $50K: CrossTower
In a report shared with Cointelegraph, institutional crypto trading platform CrossTower asserts that large investors will not let Bitcoin ( BTC) fall back below $50,000. According to the report, addresses holding over 1,000 BTC rose to record highs in January on the heels of sizable retracements – evidencing strong dip-buying from whales despite the relatively high price of Bitcoin.
