🚹 BTC (Retail vs Institutions Narrative)

Retail Is Watching Candles.

Institutions Are Watching Supply.

That’s the disconnect.

While short-term traders react to price: ‱ Institutions track liquid BTC

‱ ETFs track inflows

‱ Custodians track withdrawals

Bitcoin doesn’t move when people get excited.

It moves when there’s nothing left to sell.

By the time the chart looks obvious,

the positioning is already finished.

This is how Bitcoin cycles actually start.

$BTC

BTC
BTCUSDT
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