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Bitcoin consolidates above $90K: Will bullish institutions outweigh a hawkish Fed?
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Institutional Update on Canaan

I looked up $Canaan (CAN.US)$ on Fintel in order to get an update on the company's institutional stats. Here's what I found:
Notice how 97% institutions are long and less than 4% are short.
Notice how 97% institutions are long and less than 4% are short.
Here's the recent stats on the amount of shares that institutions have recently bought:
Notice how they've recently accumulated over 3,000,000 shares.
Notice how they've recently accumulated over 3,000,000 shares.
If you need proof that this came from a reputable source, here's the page:
Institutional Update on Canaan
I figured I'd inform everyone on the direction that institutions think Canaan is heading. They're clearly long on the stock, and for good reason. Analysts are also optimistic toward the stock:
Notice the $3.81 average price target, with a high of $8.
Notice the $3.81 average price target, with a high of $8.
I just thought I'd remind everyone about the broad sentiment towards $Canaan (CAN.US)$ stock. I hope that $Bitcoin (BTC.CC)$ continues it's rebound so that there is more demand for Canaan hardware.
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