🚨 Worried about $BTC at $58K? Don't Worry - There Seem to Be Plenty of Buyers 😉 According to MidChains CEO Basil Al Askari, at least 1 sovereign wealth fund (but possibly 2) has been accumulating spot Bitcoin in recent weeks 📈 And it's not just ordinary buyers - but state-backed investment funds with some of the longest investment horizons in the world. ☝️ Collectively, sovereign wealth funds manage more than $13 trillion in assets. So according to Al Askari, many of these large allocators see current $BTC prices not as a warning sign, but as an attractive entry point. Yes, billions in outflows this month from US Bitcoin ETFs crete the impression that institutional demand is fading. But under the surface, corporate treasuries continue accumulating, and sovereign investors appear to be doing the same. As Coinbase's Head of Institutional Strategy recently put it: Middle Eastern family offices, governments, and sovereign funds aren't unhappy about getting Bitcoin at a discount 💭 So before selling byour precious piece of $BTC next time - remember that some of the biggest pools of capital in the world are increasingly comfortable accumulating while sentiment remains cautious 😉 (not a financial recommendation) #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#