Post
Topic
Board Bitcoin Discussion
Re: INSTITUTIONAL INVESTORS ARE WAITING TO BUY BACK LOWER.
by
Kamarah
on 25/04/2021, 21:48:58 UTC
LOOKING AT THE BITCOIN CHART , THERE HAS BEEN LITTLE PRICE MOVEMENT AS IT RANGES FROM 47K TO 51K REGION. THIS MEANS IT HAS REFUSED TO DIP LOWER AS MANY ANALYST HAS SAID. THE WHALES AND INSTITUTIONAL INVESTORS ARE REALLY EAGER TO BUY CHEAPER WHICH IS WHY THE MARKET SEEMS TO BE IN THIS PHASE OF CORRECTION. I FEEL IF PRICE REFUSE TO DIP LOWER, THEY MIGHT BE FORCED TO BUY NOW AND THEN WE MOVE TO A NEW ATH.
WHATS YOUR TAKE ON THIS THOUGH GUYS?
The brokerage in trading can occur in any field. The electronic money market is the same. But buying Bitcoin through brokers to get lower prices made me curious. Usually through the broker you have to pay for the broker a certain amount of money, how can you buy cheaper.