Where is the demand going to come for in Q4?
Will retail, sans lockdown money, be able to shovel enough cash into crypto this time?
Otherwise, it seems to me like upward price action will depend on institutional investors.
If there's an expectation for a price increase and profits,the money will come.
It doesn't matter if it's going to be institutional investors,crypto whales or medium and small crypto traders.
The concept that only fresh money coming from outside the crypto world are the one and only force,that will pump the prices is partially wrong.Perhaps many crypto traders will start selling altcoins and buying more Bitcoins.Many traders made big money from the crypto markets and they sold their coins and moved the capital away,perhaps a part of those crypto trading profits will return back into the cryptocurrency markets.