Institutions Remain Hopeful, Yet Bitcoin's Surge May Be Approaching Its Limit

Reported 1 day ago

A recent report by Coinbase and Glassnode reveals that while the majority of both institutional and non-institutional investors are optimistic about Bitcoin's prospects over the next three to six months, caution is advised due to potential macroeconomic headwinds and a liquidity contraction projected for early November. With nearly 45% of institutional investors believing the market is in a 'late-stage bull' phase, concerns about sustainability are rising. Analysts continue to predict high year-end Bitcoin prices, but uncertainties loom amid geopolitical tensions and recent market fluctuations.

Source: YAHOO

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