During Wednesday's Asian trading session, Bitcoin continues to hover just beneath the $77,000 threshold, maintaining a narrow trading band while global financial markets navigate multiple headwinds.
Adam Back, the chief executive of Blockstream, maintains that institutional capital flowing into Bitcoin is genuine — however, investors should temper expectations about its arrival speed.
Adam Back, the CEO behind Blockstream and a pioneering figure in Bitcoin's development, confirms that institutional capital is indeed flowing toward Bitcoin — just not at the pace many anticipate.
Jan3 CEO Samson Mow calls the four-year cycle dead and targets a $1 million Bitcoin Omega candle. Bitwise CIO Matt Hougan models the same level as base case.