Coinbase Institutional: 68% of Investors Expect Bitcoin to Rise in the Next Six Months

Around 45% of respondents said Bitcoin is currently in the late stage of a bull trend, while only 27% of retail investors share that view. Analysts noted the significant influence of corporations holding Bitcoin on their balance sheets. Such companies have accumulated about 3.5% of the total Bitcoin supply. According to experts, these organizations will remain a “major source of demand” through the end of the year.

Coinbase Institutional remains optimistic about Bitcoin’s prospects, though the outlook has shifted toward conservatism following the market crash on October 10–11.

“We continue to see resilient liquidity conditions, a strong macroeconomic backdrop, and favorable regulatory momentum. Further rate cuts by the Federal Reserve (Fed), as well as more substantial fiscal and monetary stimulus in China, could encourage more investors to come out of the shadows,” the analysts explained.

They also acknowledged risks of weakening bullish momentum from the liquidity influx in November, questions about the sustainability of business models of Bitcoin-holding companies, and ongoing tensions surrounding the potential U.S. government shutdown.

Earlier, experts from Bitwise reported that from early July to late September, 48 new companies joined the ranks of Bitcoin accumulators. The total number of corporate Bitcoin holders has now reached 172.

See also: "Bitcoin Rebounds to $110K as U.S.–China Tensions Ease"

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