Merino believes that institutional dominance will grow as a result of people’s lack of education.
Bitcoin is at a strategic accumulation point, says analyst.
The decline in the price of bitcoin (BTC) has not altered the structural vision of the market, according to Jaime Merino, director of TradingLatino.
In statements offered to CriptoNoticias, the analyst emphasizes that The digital asset “is in a zone of controlled opportunity, not panic.”
“Bitcoin cycles tend to have 20–30% corrections within broader uptrends, and that is what we are seeing now,” Merino explains. For the specialist, as long as the price remains above USD 99,000, the technical structure “remains positive”.
The weekly chart shared by Merino shows that bitcoin maintains key support in the USD 99,000–100,000 area, within a consolidation range.
The analyst highlights that area as a point of strategic accumulation, projecting a rebound towards USD 112,000–125,000, while the general trend continues to be bullish and controlled. Further, consider that there may be a new bullish leg between USD 125,000 and USD 147,000.
In general, Merino thinks that the current market moment should not be interpreted as a change in trendbut as a natural phase of consolidation in the midst of a broader growth cycle. This, even though BTC has fallen more than 4% in just five days, as seen below:
A bitcoin accumulation point and an educational warning
The specialist emphasizes that this stage of apparent price weakness constitutes a strategic opportunity for those who understand the dynamics of Bitcoin cycles.
However, he warns of a structural phenomenon that could redefine the balance of power within the ecosystem: the growth of institutional dominance.
As he sees it, while institutional investors will dominate liquidity, “the sovereignty of bitcoin will remain in the hands of those who control its keys.”
This, considering that, to date, more than 4 million bitcoins are distributed among corporate hands of different types. Bitcoin ETF issuers and publicly traded companies are the entities that accumulate the most this digital currency. This is what it looks like in the following graph:
Now, Merino explains that the increase in corporate presence does not imply a loss of the decentralized essence of Bitcoinbut a consequence of the educational gap between retail and institutional adoption.
Institutional dominance will grow, not because bitcoin is no longer for the people, but because education on how to use it is advancing more slowly than corporate adoption. The challenge of this era is to close that gap: for more people to learn to own their bitcoin before the market is completely structured by large institutions.
Jaime Merino, financial analyst.
Institutional adoption: a new financial infrastructure
Merino’s analysis coincides with the diagnosis recent from the analysis firm CoinShares, which observes a profound transformation in the relationship between institutions and digital assets.
According to the company, BTC adoption is no longer limited to passive exposure through financial products, but is moving towards direct integration into the infrastructure of the global financial system.
CoinShares notes that banks and technology companies are using decentralized networks to improve the efficiency of their settlement and custody processes.
It also highlights the importance of the new US regulatory framework. This, along with the rise of spot bitcoin ETFs, marks what CoinShares calls a “second phase” of adoption: that of programmable liquidity and interoperable infrastructure.
Merino’s analysis, as well as that of CoinShares, suggest that bitcoin and the rest of the digital assets are entering a new phase of integration with the global financial system.
As institutional investors consolidate their dominance over liquidity, Merino insists that Individual sovereignty remains the basis of the system. “Who controls your keys, controls your bitcoin,” emphasizes the analyst.