Bitcoin remains stable of around $ 108,716, according to Coindesk data, but behind the flat price action there are signs of a possible breakup as both retail trade and institutions increase accumulation.
On August 29, André Dragosch, head of European research at Bitwise, said that Bitcoin’s corporate adoption has accelerated at a historical rhythm. He said that only July and August saw the creation of 28 new Bitcoin Treasury companies and an increase of more than 140,000 BTC in corporate holdings added.
That figure is almost equivalent to the total amount of new bitcoin extracted in a year (which is around 164,000 BTC)Underlining how the demand for treasure bonds is absorbing the fastest supply than it is produced.
The Bit A Bit table that accompanies it showed a high steep curve, highlighting how companies are treating Bitcoin more and more as a reserve asset in the Michael Saylors strategy mold (Mstr).
Moments later, Dragosch approached a popular narrative among analysts that Bitcoin could “overcome” in 2025 due to cycle patterns after the audience observed in previous years. He argued that such thought overlooks the scale of institutional demand today.
His condition showed that as of August 29, 2025, the institutional demand has absorbed more than 690,000 BTC, compared to a new offer of just over 109,000 BTC, which makes the demand approximately 6.3 times greater than the supply.
While Dragosch described him as almost seven times, the precise relationship still illustrates an extraordinary imbalance that challenges historical cycle comparisons. For investors, the involvement is that supply dynamics promoted by half can import less in the current era of institutional adoption.
Two days before, on August 27, Dragosch pointed out the retail purchase as another driver. He said that the accumulation rate in all Bitcoin wallet cohorts, from small headlines to whales, had reached its highest level since April. In their words, investors seem to be “stacking relentlessly.”
The BIT A BITS BITS table showed acute movements up through groups of wallets, suggesting that retail demand is aligned with institutional flows. Historically, synchronized accumulation through cohorts has often preceded the main upward movements, which makes the current environment notable for bulls.
Despite the accumulation of data, Bitcoin is little changed to $ 108,716 in the last 24 hours, according to Coindesk data, since markets expect clearer catalysts.
Price analysis outstanding
(All time are UTC)
- According to the technical analysis data model of Coindesk Research, between August 30 at 3:00 p.m. and August 31 at 2:00 p.m., BTC quoted within a range of $ 2,150, fluctuating between $ 107,490 and $ 109,640.
- Heavy purchase support emerged about $ 107,800, where volumes exceeded daily averages, establishing a short -term key floor.
- The resistance was formed around $ 109,600, where repeated rejections indicated a profit taking pressure.
- In the last 60 minutes of the analysis period, BTC rotated from $ 109,250 to $ 108,700 before closing about $ 108,900, showing continuous volatility but stable support levels.
Discharge of responsibility: Parts of this article were generated with the assistance of artificial intelligence tools and reviewed by our editorial team to guarantee the precision and compliance with Our standards. For more information, see Coindesk’s complete policy.
