Recently, we have seen lots of institutional fund to come in the market. Tesla have invested and possibly soon we will see rich people are using BTC as store of value. As the days go, we see the mcap is increasing. When it will increase more, what do you think, will the price manipulation be decreased? Or even effected? If we look at the Tesla announcement, it didn’t create huge changes.
There are institutional funds pouring in the market and there are already billionaires already invested in the market and they did not jump in during this rally, there are billionaires that already invested in the market. We are not seeing that much price manipulation for a long time, the Tesla announcement made a huge impact, the price was around $33k when the Tesla investment came and now the price is around $49k and it is a huge change.