Bitcoin "global asset" prediction from Black Rock - page 2.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: BLU on December 02, 2020, 04:19:57 AM

I believe the next wave of the bull run is about to erupt as CEO of the biggest asset management firm BlackRock Larry Fink said bitcoin can evolve into global asset. There are more big guys from Wall street getting involved in bitcoin too. We won't possibly see any serious corrective retracement anymore.

https://www.coindesk.com/blackrock-ceo-bitcoin-global-asset

Isn't it already a global asset? Bitcoin was always a global asset but these big guys have now started to enter into this market. Hopefully, this bull run will not be similar to 2017. If the big pocket investors invest in bitcoin, the current price level will find some support at 19000 USD.

I know a lot of people are still very cautious about entering into bitcoin right at this moment because of their past experience. Hopefully, this time it will be different!

btc_angela

hero member

Activity: 2660

Merit: 551

We should understand where the CEO or the company is coming from, they are are trillion asset manager fund company, and they could have been in crypto before this bull run. So he is just shilling for bitcoin for all we known.

Besides that, MicroStrategy and GrayScale is already inside and in the last month we have seen a lot of institutional money flowing in because of this positive news, so no surprise coming from BlackRock's CEO statement.

lifeforcepools

sr. member

Activity: 616

Merit: 253

I don't need prediction to determine that the price will rise and then fall. Is there anything else?

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

We haven't seen these type of positive thoughts on bitcoin during the 2017 ATH, so this time must be the real deal considering that a lot of big money is already pouring in the industry. We never had that much of a positive approval from the big names in the traditional investment industry before, so maybe this time is their time, and we would be reaching higher highs and ludicrous ATH if this momentum, recognition, and acceptance from all fronts continues. Those who were smart enough to buy bitcoin before the big names come in are already in for a treat, and perhaps it's not too late for other people to have their share of the pie.

Luzin

hero member

Activity: 1400

Merit: 770

I think this is fundamentally good. A lot of people started investing their money in Bitcoin. This means that the level of trust in Bitcoin is getting higher. If you have money more likely to buy now for the future is not to lose. But if you look at the current technicals, maybe he will be corrected again at the price of $ 17,500. Maybe then is the perfect time to buy back. IMO

barto123

sr. member

Activity: 652

Merit: 321

Big money is entering. Rich people are telling their rich friends, it's a positive feedback loop.

If you own Bitcoin now, you've front-run the remaining 99% of Billionaires.

Bitcoin is easily go to a couple hundred k over the next year or 2.

Under $20k is cheap - I continue to stack every day.

Try to remain humble, things are about to get crazy.

BLU

newbie

Activity: 41

Merit: 0

I believe the next wave of the bull run is about to erupt as CEO of the biggest asset management firm BlackRock Larry Fink said bitcoin can evolve into global asset. There are more big guys from Wall street getting involved in bitcoin too. We won't possibly see any serious corrective retracement anymore.

https://www.coindesk.com/blackrock-ceo-bitcoin-global-asset

Topic: Bitcoin "global asset" prediction from Black Rock - page 2. (Read 272 times)