Large scale institutions are doing all in their power to accumulate as much as possible at their lowest prices. But we will find out how things play out. People have been predicting bitcoin to hit $100K+ by the eoy and with 3.5 months left, we're nowhere close. Though I felt the same way, sometime like maybe its a pipe dream.. but a lot of people still believe this, and one thing that I think I saw for certain the other day.. That Walmart fake news for example.. The price within 10 minutes went from like 44k to like 47k .. I don't think that was small investors who drove price up that fast, I think that was institutional money buying the fake news..
I still hold out for a small chance of this happening. I know it is not going to happen anytime soon but I know that there is still a chance for this. We are in October now, there is 3 months or not even that much left for us to get to 100k, but it is also quite close to 2x as well and we know how easy it could be for bitcoin to have 2x.
I do not know what's going to happen, maybe we will do great or maybe we will not be doing great, but if we do then I will be quite jubilant as well. I am not entirely sure what we should do, maybe we should simply wait for it to go up but at the same time I believe that we are being too late by not buying until it is 100k, so waiting may not be right thing to do. I do not know what to do or expect tbf, I just want to see it go up and I want to see 100k by the end of the year but that clouds my judgment as well.