Post
Topic
Board Speculation
Re: Institutional buyers are not backing down. More Pump?
by
Bustart
on 05/08/2021, 20:48:50 UTC

~snip~

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

If there's a massive dip, good opportunity happens for people who still wanted to buy at cheaper price but not that significant because right now it's impossible to have btc at below $35k. Lately price saturates at below $40k and only stayed at above $37k while green signals was potentially creating strong influence towards different interested buyers.