Bitcoin’s price may appear static, hovering around $108,716, but beneath this seemingly placid surface, a seismic shift could be brewing. Both retail investors and institutions are piling into the cryptocurrency market with an intensity not seen in recent memory, signaling a potential breakout on the horizon.
Institutional Appetite Surges
According to André Dragosch, the European head of research at Bitwise, corporate adoption of Bitcoin has surged at an unprecedented rate. Just within the months of July and August, 28 new bitcoin treasury companies were established, collectively increasing corporate holdings by over 140,000 BTC. This uptick is almost as much as the annual new bitcoin supply, which hovers around 164,000 BTC. Dragosch’s data indicates a striking trend: companies are increasingly treating Bitcoin as a reserve asset, akin to the strategy employed by Michael Saylor’s MicroStrategy. This follows a pattern of institutional adoption, which we detailed in Bitcoin to hit $1.3M by 2035 as institutions drive demand.
This isn’t just conjecture. Dragosch’s analysis suggests that institutional demand has soaked up over 690,000 BTC as of August 29, 2025, dwarfing the new supply of just over 109,000 BTC. That’s a demand-supply ratio of roughly 6.3 to 1. This significant imbalance calls into question the traditional post-halving cycle pattern, which some analysts believed could cap Bitcoin’s gains in 2025. As explored in Bitcoin market cycles not anchored around halvings, this evolving market dynamic challenges long-held assumptions about Bitcoin’s price behavior.
Retail Investors Join the Fray
But it’s not just institutions making waves. Retail investors are also stacking Bitcoin with fervor. On August 27, Dragosch highlighted that the accumulation rate across all Bitcoin wallet cohorts—from smallholders to whales—was the highest since April. Retail demand is now syncing up with institutional flows, creating a synchronized buildup that often precedes substantial price surges.
Dragosch described this relentless stacking with palpable enthusiasm, and data from Bitwise shows sharp upward movements across various wallet groups. This alignment between retail and institutional demand is historically notable for bulls. However, despite the flurry of buying activity, Bitcoin’s price has remained largely unchanged in the past 24 hours, according to CoinDesk Data.
Price Analysis and Market Dynamics
Technically speaking, Bitcoin traded within a narrow $1,285 range between August 30 and August 31, peaking at $109,518.96. Resistance remains firm near $109,500, with support forming around $108,350–$108,400, where buyers have shown resilience. A surge in trading volume to 8,272 BTC suggests robust institutional participation, further underscoring the growing interest at these levels.
Interestingly, in the final hour of the analysis period, Bitcoin managed a modest breakout, moving from $108,340.08 to $108,398.41. This two-phase maneuver—consolidation followed by a breakout—highlights the ongoing tug-of-war between buyers and sellers. While profit-taking triggered pullbacks, sustained buying pressure kept prices afloat above $108,380.
Despite these movements, Bitcoin remains below the crucial $110,500 resistance level. Analysts caution that a test of the psychologically significant $100,000 mark cannot be ruled out, especially given the recent volatility following a sharp decline from $124,500 earlier in August.
Looking Ahead
As September unfolds, the market is on tenterhooks, awaiting a definitive catalyst to propel Bitcoin beyond its current boundaries. The confluence of retail and institutional interest suggests that a major breakout could be more of a “when” rather than an “if.” Yet, as with all things crypto, uncertainty looms large. The question remains: Can this wave of accumulation drive Bitcoin to new heights, or will it stumble upon the formidable resistance ahead? Only time will tell. While the data paints a promising picture, investors should remain vigilant, ready to adapt as the landscape continues to evolve.
Source
This article is based on: Major Bitcoin Breakout Could be Brewing as Retail and Institutions Stack ‘Relentlessly’
Further Reading
Deepen your understanding with these related articles:
- Bitcoin Price ‘Too Low’ as Volatility Dips, Institutional Interest Rises: JP Morgan
- Bitcoin traders say BTC price at ‘make-or-break’ point at $110K
- Bitcoin Bull Market May End Early, Warns Key Indicator, But Flows Continue to Lean Bullish
Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
