Anchorage Digital Buys Bitcoin Dip as Support Zones Form
The post Anchorage Digital Buys Bitcoin Dip as Support Zones Form appeared on BitcoinEthereumNews.com.
Bitcoin price has dropped to a six-month low as traders signal bullish exhaustion. On-chain data analysis shows institutional investors are still bullish as retail traders capitulate. The BTC/USD pair may drop as much as $66.9k if the expected liquidity fails to flow soon. A “great disconnect” is splitting the Bitcoin market. As “paper” traders and technical analysts signal “Extreme Fear” and a potential crash to $66K, “smart money” is aggressively buying the dip. On-chain data shows Anchorage Digital just scooped up 4,094 BTC, valued at $405 million, from major desks like Coinbase, Cumberland, and Wintermute. The “Smart Money” Bid: Anchorage and Central Banks Buy In This institutional bid is not isolated. Anchorage’s $405M purchase is part of a wider trend of accumulation. According to BitcoinTreasuries, the number of entities holding BTC for treasury management has grown to 355, with 4.05 million BTC now held by institutions hedging against uncertainty. This conviction is now mirrored by sovereign entities. During the Bitcoin Amsterdam 2025 conference, Luxembourg’s Finance Minister Gilles Roth stated the country has allocated 1% of its sovereign wealth fund (about €7 million) to Bitcoin. This follows the Czech National Bank’s (CNB) announcement that it is also creating a test portfolio of digital assets, primarily Bitcoin. Related: Bitcoin (BTC) Analysts Predict $170K Peak ‘Within 6 Weeks,’ Ignoring ‘Extreme Fear’ Now At 15 The “Paper” Panic: Retail FUD and BTC Bearish Technicals This institutional buying flies in the face of collapsing retail sentiment. As Bitcoin dropped below $97K for the first time since May, the Fear & Greed Index plunged to 22/100, signaling “Extreme Fear.” Technical analysis supports this panic. After losing the $100K support level, traders are bracing for a drop to the $92K-$94K support range. Source: X A key CME gap also sits around $92K, a common target for such…
Filed under: News - @ November 14, 2025 11:23 am