- Bitcoin’s bull run persists, with the Supertrend indicator confirming strong upward momentum and investor optimism.
- Corporate Bitcoin adoption surges, with nearly 80 firms holding BTC in early 2025, reinforcing institutional confidence.
- Sustained demand from companies strengthens Bitcoin’s market fundamentals, supporting long-term bullish sentiment.
Leading analyst Crypto Titan has Bitcoin in a bullish trajectory with no signs of reversal. The Supertrend indicator is showing continued upward momentum, which is keeping investors optimistic. Historically, Bitcoin price action is an expansion and correction cyclical pattern. The latest data shows the bull market intact.
Supertrend Indicator Confirms Bitcoin’s Strength
That means a bear market has been there in 2014-2015. This made quite a dip in price. Reversal in 2016 brought a phenomenal rally which hit its peak in 2017. Another bear market came in the form of a correction in 2018.
Similarly, Bitcoin surged in 2020, setting record highs in 2021. However, a bearish downturn in 2022 created an extended downtrend. However, 2023 saw another bullish trend, which unleashed the whopping price hikes. Now, Bitcoin is trading at more than $89,987, having strong market support.
The Supertrend indicator provides key insights into market direction. As long as Bitcoin stays above support levels, bullish sentiment remains dominant. Hence, analysts see no reason to turn bearish at this stage. The indicator suggests the uptrend is still in play.
Commercial Bitcoin Adoption Gains Momentum
Analyst Coinvo also reports on X, Corporate interest in Bitcoin has spiked. The number of companies listed that hold Bitcoin has been increasing consistently since 2020. Initially, fewer than 20 companies held Bitcoin. But in early 2021, there was a sharp spike, crossing the 20-company threshold mid-year.
By late 2021, corporate adoption exceeded 30 companies. The trend stabilized between 2022 and 2023, marking a brief plateau. Despite slower growth, adoption remained strong. By 2024, more than 60 companies had Bitcoin holdings, signaling sustained institutional confidence.
In early 2025, adoption surged. The number of firms holding Bitcoin approached 80, reflecting growing confidence in its long-term value. Consequently, increased corporate participation strengthens market fundamentals.
Bitcoin’s bull market remains intact, supported by strong institutional adoption. Moreover, the Supertrend indicator reinforces bullish momentum. Corporate Bitcoin holdings continue to rise, fueling demand and market confidence.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.