Både Bitcoins tekniske data og analyse af on-chain-indikatorer er “vildt bullish”, siger Vailshire Capital Management, hvor BTC / USD når tre dages højder.

En frisk Bitcoin ( BTC ) breakout er “nært forestående” og sandsynligvis den opadrettede, siger hedgefond Vailshire Capital Management.

I et tweet den 19. januar beskrev Jeff Ross, firmaets grundlægger og administrerende direktør, udsigterne for BTC-ydeevne som “vildt bullish”.

Vailshire Capital ‘standhaftigt lang’ BTC

Ved hjælp af en kombination af on-chain-målinger og makroindsigt fremhævede Ross en kommende afslutning på rækkevidden og konsolidering set i Bitcoin-prisen i denne uge.

“Opdatering af #Bitcoin- tekniske … Breakout overhængende. Retning stadig uafklaret. Makrovisning: vildt bullish. On-chain analyse: vildt bullish,” skrev han.

“Opadgående bevægelse sandsynligvis. Kortvarige dips vil blive købt med styrke. Vailshire Partners LP forbliver standhaftigt lang.”

Hans kommentarer kommer, da Bitcoin-sentiment ser ud til at vende tilbage til “business as usual” efter ferieferien, hvor kapitalforvaltningsgiganten Grayscale foretager sit største BTC-køb nogensinde nogensinde – omkring 700 millioner dollars fra og med tirsdag.

Som Cointelegraph rapporterede , har både netværksproblemer og hash-hastighed ramt nye højeste tider, og forventningerne stiger, at prisen vil stige for at følge trop. Ether ( ETH ), den største anden kryptokurrency end Bitcoin, slog sin rekordhøjde fra 2018 på dagen.

PlanB: Alle øjne lukkes månedligt

I mellemtiden er Vailshire ikke alene om sin optimisme over Bitcoins udsigter i denne uge. I den seneste opdatering af sin aktie-til-flow Bitcoin-prismodel så kvanteanalytikeren PlanB muligheden for, at BTC / USD snart passerede “point of no return”.

Dette, forklarer han, ville ske, hvis januar månedlige lukning ville være væsentligt højere end den nuværende spotrate – for eksempel omkring $ 48.000 $.

Dermed ville Bitcoin cementere sin status inden for stock-to-flow teorier, herunder overgangen til et aktiv med en markedsværdi på op til $ 29 billioner, som dikteret af PlanB’s aktie-til-flow cross-asset model (S2FX).

Compulsive bitcoin buying resumes

Last week, after a temporary break during the Christmas holidays, well deserved after a crazy year in 2020, the crypto investment fund Grayscale reopened its doors. The new year is off to a flying start when it comes to buying Bitcoin (BTC).

More than 5,000 BTCs in 24 hours chrono

Now that Grayscale Investment has completely gotten rid of Ripple’s annoying XRP token, business has picked up, and not just a little!

According to Bybt Data Aggregator, in the short 3 days that cryptographic funds were reopened to new investors (13-15/01), the Grayscale Bitcoin Code was able to count the net arrival of nearly 10,000 additional Bitcoins.

On January 15 alone, 5,132 BTCs were added to the Grayscale’s pool of assets under management, equivalent to just over $185 million at the time of writing.
Net balance of Bitcoins (inflows minus outflows) in the GBTC Grayscale FundNet balance of Bitcoins (inflows minus outflows) in the GBTC Grayscale Fund

3.3 billion in cryptos for the last quarter of 2020

As we said in the title, the year 2020 for Grayscale was simply gargantuan. In its latest quarterly report, we discover that the last 3 months of the past year have allowed the investment fund to reap the trifle of 3.26 billion dollars of additional crypto-actives, an average weekly rhythm of $251 million dollars of institutional fresh money!

4Q REPORT: Last quarter, we saw a total investment into Grayscale products of $3.26 billion – an average weekly investment of $251 million. Read more about our record-breaking quarter here. #GoGrayscale https://t.co/T4sMVQhcDe pic.twitter.com/zvsPtFkNrN
– Grayscale (@Grayscale) January 14, 2021

To give you a better idea of the tremendous acceleration of institutional investments in cryptos projects (Bitcoin and Ethereum in the lead) during this last quarter, it is important to know that the first 9 months of the year 2020 had “only” 2.7 billion dollars of assets under management. The previous quarterly record was $1.05 billion in the third quarter of 2020.

According to Grayscale’s latest fund update (below), the company now holds $27.1 billion in crypto-assets on behalf of its institutional clients.

01/15/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $27.1 billion$BTC $BCH $BCH $ETH $ETH $ETC $ZEN $LTC $XLM $ZEC pic.twitter.com/i2fg9yaHb0
– Grayscale (@Grayscale) January 15, 2021

The GBTC alone represents $22.9 billion in bitcoins, while the second largest fund – dedicated to Ethereum – has nearly $3.5 billion in ethers.

Grayscale and the purchases of cryptos from its institutional investors are no longer stopped. Indeed, the latter are giving themselves to heart’s content, not having to support themselves the storage (always a little delicate and technical) of their crypto-actives. Grayscale is probably not done with the record of interest for its investment funds.