Topic: Institutional Bitcoin Trading - page 2. (Read 229 times)
Institutionals have a lot of money but i dont think that there a lot of them on the market. In my opinion, than more inst we have than higher price will be due to positive media coverage
Institutional funds getting into the market is only a good thing for the long term as more funds pouring into the market equals growth. Especially with the halvening coming the Bitcoin will become even more scarce & people will be eager to get at least a decent amount of it as they are now as well. I expect a big FOMO to appear in the market once Bitcoin gets again above $10k and then another wave when going for a new ATH
It really could go either way, and it could probably drive the price down. But remember, it's a free market in the first place, so the industry is moving in a way that's really not surprising(concerning institutions). They're going to get in on bitcoin and cryptocurrencies if they want, and there's nothing we can do about it.
A lot of institutional players are getting into the Bitcoin market.
Curious do you think this is Bullish or Bearish for the industry?
Won't they drive the price down on the dev. market due to its all paper contracts and not bitcoin settled?
What do you think?
Curious do you think this is Bullish or Bearish for the industry?
Won't they drive the price down on the dev. market due to its all paper contracts and not bitcoin settled?
What do you think?
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