67% of institutions see bullish 6 months for Bitcoin: Coinbase

Around two-thirds of organization investors person a affirmative outlook for Bitcoin going into 2026, according to Coinbase. 

“Most respondents are bullish connected Bitcoin,” wrote David Duong, Head of Research astatine Coinbase Institutional, successful a probe report titled “Navigating Uncertainty.”

Coinbase conducted an organization capitalist survey with 124 respondents, uncovering that 67% of organization investors had a affirmative outlook for Bitcoin (BTC) implicit the adjacent 3 to six months. 

It added that determination was a “meaningful divergence” of sentiment regarding wherever we are successful the marketplace cycle, with 45% of institutions believing markets are successful the precocious stages of the bull run, compared to conscionable 27% of non-institutions. 

Crypto treasuries are buying the dip

“Looking astatine the supply/demand picture, it’s hard to overstate the interaction that integer plus treasury companies person had connected markets this year,” wrote Duong.

Tom Lee-chaired BitMine has been among the companies buying the dip, scooping up much than 379,000 Ether (ETH) worthy astir $1.5 cardinal since the marketplace clang that pushed Ether prices backmost beneath $4,000. 

Meanwhile, Michael Saylor hinted connected Sunday that Strategy whitethorn bargain much Bitcoin aft sharing a illustration showing $69 cardinal successful BTC holdings. Even with equity pullbacks, DAT crypto reserves stay intact, signaling semipermanent conviction.

DAT crypto holdings proceed to surge. Source: Coinbase

Bull marketplace has country to run

Coinbase’s Duong said the crypto bull marketplace “has country to run,” but is much cautious aft the events of Oct. 10.

“We inactive spot resilient liquidity conditions, a beardown macro backdrop, and supportive regulatory dynamics.”

Related: Crypto clang improbable to person derailed ‘Uptober,’ analysts say

Coinbase besides highlighted macro and liquidity tailwinds, including 2 much expected Federal Reserve complaint cuts and ample money-market funds sitting connected the sidelines, that could thrust markets successful Q4. 

“Additional complaint cuts from the Fed, arsenic good arsenic greater fiscal and monetary stimulus successful China, could incentivize much investors to travel disconnected the sidelines.”

Favorable setup for Bitcoin

The existent setup looks peculiarly favorable for Bitcoin, the steadfast stated, but had a much cautious attack for positioning successful altcoins.

Crypto markets person remained dependable implicit the weekend, with Bitcoin topping $109,000 aft reclaiming the support-turned-resistance level astatine $108,000 and Ether climbing supra $4,000 briefly, but determination person been nary large attempts astatine betterment yet arsenic sentiment remains cautious.

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