I think we have to be super careful as the hedge funds sharks and High Frequency Traders are going to run the market up and down...
RE: Waiting for institutional money to uplift bitcoin price? Let's do a deep dive
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Waiting for institutional money to uplift bitcoin price? Let's do a deep dive
They sure will in the short term. They are a big pool of money and can move markets up and down. And if majority of big capital reaches the same conclusion about an asset being cheap or expensive, then it will dictate the direction that the market will take. Investors that want to invest on a longer term basis can help reduce volatility and large price swings imo.
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