Quote from: MishaSER on Today at 10:32:55 PM

Quote from: plr on January 09, 2021, 11:37:28 AM

Quote from: DECABEATZ on December 27, 2020, 12:16:41 AM

Too many institutions and big money behind it now!!! Whats everyones opinion explain?BTC

The crash of 2017 was because of the absence of institutions that cannot support the crash, few whales and many small investors, things are very much different now, there are many whales and institutions are coming in, and the number of small investors have also grown.

Do you think if there is strong support then Bitcoin will not fall in value? You know, the higher the price, the stronger the pain from the rate drop. There is a struggle of private investors against institutions.

If the institution you are talking about doesn't sell the Bitcoin they hold, I think the price will hold above $ 30k,
even though, today bitcoin has corrected below $ 30k but the price bounces back, of course this indicates that the support is still very strong,
so we hope that the institution will always buy Bitcoin with reason that they will sell it for $ 100k- $ 300k.