Diversitas

1/5

Morning update:

Bitcoin continues to flirt with our trackline but we are seeing a strong demand below it. This again shows how well is the line positioned✅ Truly doubt we will spend much time below it...👀$BTC

2/5

Over the past few days, we saw a lot of bearish comments and overall negative sentiment towards $BTC and $ETH. The crowd tends to be wrong and the market is moving in the opposite direction of their expectations. It looks like things won’t be any different this time around😉

3/5

With Bitcoin halving taking place in less than 3 days, let’s also take a look at historic returns around this important event. As you can see, there is a reason to remain bullish. We usually see very big returns in a year after the halving and we are expecting something similar to play out in the next 12 months👀$BTC

4/5

Another reason why we remain extremely bullish heading into the halving is the fact that big financial institutions continue to buy $BTC. We got a new 13F filling revealing that Grupo Banco Do Brazil bought BlackRock Bitcoin ETF for multiple portfolios. The list of holders that already revealed their holdings is impressive. There are also 28 days left to report the holdings so we expect this list to get much longer👀

5/5

Speaking about the ETFs, yesterday was another quiet day with a net outflow of $58 million🤔

Expecting the inflows to increase after the halving👀