Bitcoin: Institutions Buy 160% of Daily Mined Supply

Bitcoin faces accelerating institutional demand as ETFs and treasury companies purchase roughly 160% of daily mined supply, according to @caprioleio via @milkroaddaily.

Historically this imbalance between institutional Bitcoin buying and new supply has preceded major upside moves for BTC.

Price action on the 4h chart shows BTC at $78866.75 inside a bullish structure with EMA50 at $75326.72 acting as dynamic support and EMA200 at $68635.66 providing deeper floor; MACD registers a death cross at 884.28 while RSI sits neutral at 58.64, and price tests upper Bollinger resistance near $80355.4 with lower band support at $76916.01, suggesting a healthy pullback toward the 50-EMA before continuation.