Part 4/6:
One critical element of George's analysis focused on the pervasive buying pressure from institutional investment vehicles, such as Exchange-Traded Funds (ETFs). He highlighted that while retail investors may have been selling off positions during the ShakeOut, large institutional players, like BlackRock, reported significant net inflows, signaling confidence in Bitcoin's future.
The underlying question that George raised was a poignant one: How does one navigate a market that appears to be set up for manipulation? He pointed out that identifying the beneficiaries of these volatile market shifts can shed light on the underlying motives behind them. Institutions seem poised to benefit as they acquire Bitcoin from stressed retail holders.