Bitcoin Dip Has Institutions Scrambling To Buy, Insider Reveals

Bitwise CIO Matt Hougan says the recent Bitcoin di

Bitcoin Dip Has Institutions Scrambling To Buy, Insider Reveals

Bitcoin Dip Has Institutions Scrambling To Buy, Insider Reveals

Bitwise CIO Matt Hougan says the recent Bitcoin dip is being read very differently inside institutional circles than it is on crypto social media. In a March 2 interview with Scott Melker, Hougan said many professional allocators that missed the first leg of ETF-driven adoption are now treating lower prices as an opening, not a warning sign.

Bitcoin must close above the 200-week EMA, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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