Sovereign Funds Shift Focus from Bitcoin Entry to Long-Term Hold Sizing
Calamos Investments CEO has stated that Bitcoin is now a core allocation question for most portfolios, including big sovereign wealth funds. The focus has shifted from entry to sizing as a long-term hold.
The institutional adoption of Bitcoin by sovereign wealth funds shows accelerating flows while price prediction models must account for the current 4h confluence at $86,258.34. The BTC price sits inside Bollinger Bands with upper resistance at $88,361.76 and lower support at $78,200.64.
The RSI is overbought at 74.92 combined with a MACD golden cross, pointing to a probable healthy retracement toward EMA50 support at $81,197.0 before continuation above EMA200 at $76,437.07. This reduces the risk of any sudden crypto market crash.