Willem Middelkoop explains that while central banks are buying gold at record levels, they avoid Bitcoin because they cannot control its price, supply, or market. In contrast, institutional investors, including Middelkoop's fund, are adopting Bitcoin through ETFs as part of a diversified portfolio strategy. He predicts Bitcoin could reach $1 million by 2030, highlighting its role in the 'debasement trade' alongside gold amid global economic shifts.
While Willem Middelkoop highlights Bitcoin's potential as a fast-growing asset in the debasement trade, on Pluang as of Oct 12, 2026 22:21 WIB, Bitcoin trades at Rp1.479.589.220 with a slight 1-day decline of 0.23%. Despite this small dip, Bitcoin's market cap remains substantial at Rp29.824,9 trillion, and it shows strong buying interest with 68% of orders on Pluang being buys. This contrasts with gold's traditional role, emphasizing Bitcoin's growing appeal among institutional investors.
Bitcoin (BTC) experienced a significant bullish crossover on its weekly chart as the 13-week exponential moving average surpassed the 34-week average for the first time in 3.5 years. This crossover, noted on October 12, 2026, indicates a potential up...
Bitcoin is trading near $84,000 as of October 12, recovering from a dip to $81,000 despite significant outflows of about $680 million from U.S. spot Bitcoin ETFs last week. This rebound occurs ahead of the key U.S. inflation report, which could influ...
Bitcoin's price briefly rose to $84,280 before retreating to around $83,700, testing a key support level near $83,000. While the overall trend remains bullish with a likely upward breakout, short-term price action shows uncertainty with a possible co...
Bitcoin's price hovered around $82,550 to $83,000 on Oct 12, 2026, facing resistance near $84,000 and support at $82,500. Technical indicators show neutral to slightly bearish momentum, with bitcoin struggling to break above $84,000 but maintaining k...
The total cryptocurrency market capitalization fell by 2.88% to $2.81 trillion on October 12, driven mainly by a slight decline in Bitcoin, which traded down 0.48% at $82,690. Meanwhile, Ether and several major altcoins like Solana and Dogecoin poste...
