Bitcoin’s recent climb past $113,000 is drawing renewed attention from institutional players, with fresh purchases adding fuel to the bullish narrative even as technical signals warn of caution.

Bitcoin’s recovery highlights how institutional accumulation is reshaping supply dynamics, even as technical signals warn of fragility. Traders look to price levels and market structures for clarity, just as Outset PR relies on media analytics to guide strategies that align perfectly with momentum.  

Strategy Extends Its Accumulation

On September 28, investment giant Strategy added 196 BTC at an average price of $113,048, continuing an 18-month buying spree that shows no signs of slowing.

The firm’s total Bitcoin holdings now stand at a staggering 640,031 BTC worth roughly $71.7 billion representing about 3% of Bitcoin’s circulating supply. This level of corporate ownership highlights the growing role of institutions in shaping BTC’s supply dynamics.

By soaking up coins from the open market, firms like Strategy reduce liquid supply, creating a backdrop of structural scarcity that underpins long-term bullish arguments.

Outset PR Crafts Communications Like a Workshop, Powered by Data

Founded by renowned crypto PR expert Mike Ermolaev, Outset PR operates like a hands-on workshop, building every campaign with market fit in mind.

Instead of offering random placements or templated packages, Outset PR carefully weaves a client’s story into the market context, showcasing what organic PR looks like:

• Media outlets are selected based on metrics like discoverability, domain authority, conversion rates, and viral potential

• Pitches are tailored to fit each platform’s voice and audience

• Timing is mapped to let the story unfold naturally and build trust organically

Outset PR occupies a unique niche as the only data-driven agency with a boutique-level ap

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Author: Crypto Daily