Bitcoin holds about $ 108,716, according to Coindesk data, but behind the action at a lump sum price are signs of a potential escape as retail and institutions increase accumulation.
On August 29, André Dragosch, European research manager in Bitwise, noted that the adoption of Bitcoin companies accelerated at a historic pace. He declared that July and August alone had seen the creation of 28 new Bitcoin cash companies and an increase of more than 140,000 BTC in general assets.
This figure is almost equivalent to the total amount of the new bitcoin extracted in one year (which represents around 164,000 BTC)emphasizing the way in which the demand for treasury bills is faster at the supply it does not produce it.
The graph in the Bit in the Bit sense has shown an abrupt ascending curve, stressing how companies are increasingly treating Bitcoin as a reserve asset in the mold of Michael Saylier’s strategy (MSTR).
A few moments later, Dragosch addressed a popular story among analysts that Bitcoin could “complete” in 2025 due to post-reversed cycle models observed in previous years. He argued that such a thought today neglects the extent of institutional demand.
Its graph showed that on August 29, 2025, institutional demand absorbed more than 690,000 BTC, against a new supply of just over 109,000 BTC, which makes demand about 6.3 times larger than supply.
While Dragosch has described it as almost seven times, the precise report still illustrates an extraordinary imbalance which questions the comparisons of the historic cycle. For investors, the involvement is that the dynamics of the half -focused supply can be less important to the current era of institutional adoption.
Two days earlier, on August 27, Dragosch underlined retail purchases as another driver. He said the accumulation rate in all cohorts of the Bitcoin portfolio – small whale holders – has reached its highest level since April. Depending on his words, investors seem to “stack tirelessly”.
The BIT graphic in the Bit sense has shown strong bullish movements through portfolio groups, which suggests that the request for detail is aligned with institutional flows. Historically, synchronized accumulation through cohorts has often preceded major increases, which makes the current environment notable for bulls.
Despite the accumulation of data, Bitcoin is little changed to $ 108,716 in the last 24 hours, according to Coindesk data, because the markets expect lighter catalysts.
Presentation of price analysis
(All times are UTC)
- According to the Technical Analysis Data model of Coindesk Research, between August 30 at 3:00 p.m. and August 31 at 2:00 p.m., the BTC exchanged in a range of $ 2,150, fluctuating between $ 107,490 and $ 109,640.
- Heavy purchase support emerged nearly $ 107,800, where volumes exceeded daily averages, establishing a key short -term floor.
- The resistance was formed around $ 109,600, where repeated refusals indicated for profit.
- In the last 60 minutes of the analysis period, BTC went from $ 109,250 to $ 108,700 before ending nearly $ 108,900, showing continuous volatility but stable support levels.
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