Is it the right time to scoop up Bitcoin? A new BTC cycle begins
Bitcoin addresses holding 0.1 BTC have climbed considerably since the asset’s price sustained above $20,000. Institutional investors poured $117 million into crypto investment products in a single week, with the vast majority going straight into Bitcoin. Bitcoin on-chain indicators have flipped bullish, supporting the thesis that there is further bullish potential in BTC in the ongoing cycle.