We are still early - in the grand scheme of things. Institutional money has not even come in yet. Price will dip hard just before they enter.
You are viewing a single comment's thread from:
We are still early - in the grand scheme of things. Institutional money has not even come in yet. Price will dip hard just before they enter.
I agree. I think the price still has further to go down. The price move we saw up to the 6.4 level looks very much like a dead cat bounce to me. The whales 🐋 want to shallow up some more Bitcoins, before the money comes in from institutions. If the price goes down to 5, or beyond, we’ll see a lot of FUD stories about the Bitcoin bubble bursting. Don’t believe a word of it.