Post
Topic
Board Speculation
Re: Bitcoin August 2021 Target?
by
Oasisman
on 08/08/2021, 21:50:40 UTC
I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

So you're saying only retail momentum can drive markets back up to ATH? I think if people believe in whale and institutional influence, then they're as needed for a rally as for a crash. If anything, for the short term anyway, retail muscle only moves in on the back of big money flexing.

That's something they don't understand how whales plays a vital role during bullrun. While they keep believing the stereotype about whales only occurs when the market crashed.
Big players and Bitcoin believers are part of the healthy market price movements. If retail investors are the only people surrounding the market, I'm afraid cryptocurrency has already crashed and never recovered a long time ago.