🔍 THE BITCOIN MARKET IS OFFICIALLY SPLITTING IN TWO.
CoinDesk published the most important Bitcoin analysis of the week:
"The bitcoin market is splitting in two. Bitcoin's floor depends entirely on a handful of mandated buyers absorbing what everyone else is trying to get rid of."
Side 1 — THE BUYERS:
→ BlackRock clients: $269M bought on April 9 as "geopolitical hedge." $3B+ total since war began.
→ Strategy: 89,618 BTC bought in Q1 2026 — their second-biggest quarter EVER
→ Morgan Stanley: MSBT ETF live, 16,000 advisors with BTC product
→ Schwab: $12 trillion in client assets going crypto
Side 2 — THE SELLERS:
→ Bhutan: Sold 70% of BTC (13,295 → 3,954 BTC). $215.7M out in 2026. May have stopped mining.
→ Empery Digital: Sold 370 BTC to repay debt
→ Riot Platforms: Selling to fund operations
→ Genius Group: Selling
→ Short-term holders: Panicking on Iran war headlines
The key observation: BTC has held above $70,000 for 6 consecutive weeks of active war.
That means the buyers are bigger than the sellers.
That's the only thing you need to understand about the current market. 💎
⚠️ NFA. DYOR.
$BTC #Bitcoin #OnChain #BinanceSquare #Institutional #BullVsBear
CoinDesk published the most important Bitcoin analysis of the week:
"The bitcoin market is splitting in two. Bitcoin's floor depends entirely on a handful of mandated buyers absorbing what everyone else is trying to get rid of."
Side 1 — THE BUYERS:
→ BlackRock clients: $269M bought on April 9 as "geopolitical hedge." $3B+ total since war began.
→ Strategy: 89,618 BTC bought in Q1 2026 — their second-biggest quarter EVER
→ Morgan Stanley: MSBT ETF live, 16,000 advisors with BTC product
→ Schwab: $12 trillion in client assets going crypto
Side 2 — THE SELLERS:
→ Bhutan: Sold 70% of BTC (13,295 → 3,954 BTC). $215.7M out in 2026. May have stopped mining.
→ Empery Digital: Sold 370 BTC to repay debt
→ Riot Platforms: Selling to fund operations
→ Genius Group: Selling
→ Short-term holders: Panicking on Iran war headlines
The key observation: BTC has held above $70,000 for 6 consecutive weeks of active war.
That means the buyers are bigger than the sellers.
That's the only thing you need to understand about the current market. 💎
⚠️ NFA. DYOR.
$BTC #Bitcoin #OnChain #BinanceSquare #Institutional #BullVsBear