Post
Topic
Board Bitcoin Discussion
Re: 2013, 2017 bubbles and 2020 bull run
by
Darker45
on 26/11/2020, 02:38:00 UTC
Tbh massive institutional investors flow made me believe this time we wouldn't crush as hard as in 2018. We're all in it together now, that seems somehow comforting to me too

No, we are not in this together, although somehow it gives us a little confidence and comfort that the price won't be crashing as hard as before since the institutional investors are here. They have billions of their USD worth staked in Bitcoin. They would never allow Bitcoin to just freely fall down so hard.

But, lest we think these wealthy elites are also watching after our welfare, they will actually just come and go. They could get out anytime if they already made a good profit from Bitcoin and may shake the whole market. If retail investors independently buy and sell Bitcoin, the market won't react that much. But it may only take a couple of institutional investors to dump their Bitcoin holdings for the entire market to suffer a terrible blow.