Too many institutions and big money behind it now!!! Whats everyones opinion explain?BTC
I'm not ruling it out anything is possible in a highly volatile market and we have history to prove that, even if there are many institutions or whales coming and buying there are also whales and institutions that are selling for profit, so always expect the unexpected.
as we dont know the motives of these whales and institutions, we are blind for what may happen next in case they made their decision to what will happen to their holdings. crypto market is very unpredictable so as a crypto holder, one should have their plans ready at any given moment of time.
trust your instincts and dont rely from naysayers. even so-called experts are not to be taken seriously. if youve been long enough in this industry, you know what to do already.
Well for companies like MicroStrategy (not sure if we can call them whales or manipulators), their motive is simply, buy as much as they can because bitcoin for them is a hedge for their treasury assets.
That's why it's really hard to manipulate bitcoin now because of so many players who has their own profit. Of course the market is very unpredictable, but then again the bitcoin narrative has change. Institution positions has shifted, so conditions is ripe for a bull run next year.