Car discusses Bitcoin’s Next Wave. Some institutions were not investing in cryptocurrencies before 2019, but with the UAT launch of Bakkt on Monday and Fidelity Digital Assets which now offers both custody and trade execution for bitcoin to institutional investors, who has also seen institutional interest deepen over the last couple of months. We can almost guarantee they will now. 

A recent report from BNY Mellon quoted the following,

Short Term Bitcoin Daily Chart

Bitcoin price action appears likely to keep coiling in the short-term as it aims for a retest of its critical...