As this run is not driven by retail investors I think there won't be as brutal of a shakeout. As long as demand from big investors remain big, the small fish that get scared will hardly dent the buying pressure.
Some corrections will be inevitable, but currently the inflow of cash is just so big that it may not be as panicky as we have seen in the past.
Thats correct. Recently seen the news about mexican richest person and others getting into crypto space. That has got to do something with this hike. Certainly it takes huge amount of investment to move the bitcoin even slightly (considering huge market cap), it has got to be heavy investment coming along the way.
I also think that, people do get attracted to such hikes, more than the panic sellers. If we divide % panic sellers and % investors (whales) then panic seller are very low in number in proportion to their tiny wallets. Lolz. They cant and never will compete the outnumbered whales.
So it's time to sit tight and enjoy the straight up roller coaster.