
Institutional investors are getting more interested in bitcoin. This move by MicroStrategy is a big step. Will other companies follow this path? How would employees react to this? Since btc is volatile and can dump at any minute. I can understand if they are excited about it now as Bitcoin is bullish but what happens when there is a massive dip? Love your hear thoughts on this none
I am pretty sure that wasn't anything related to this, sure India banning bitcoin would be bad, but the dip was nothing like that. Plus microstrategy buying bitcoin means nothing substantial anymore neither, they are buying like tens of millions of dollars but bitcoin became so large that even a regular person could be selling that much, miners are selling maybe hundreds of millions of dollars these days with the money they kept so far.
I think there is going to be a big movement, like seriously big movement, it could be down or high but the clouds are getting together and we are seeing a storm brewing right now, price has been too strict for a long time and these sudden movements we are seeing is the result of that. If we do like a 15+ higher or lower we could actually become a lot healthier as well, all we need is to get rid of all the buys and sells around this price because they are getting bigger and building walls.