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.
I think the demand will still came from the retail investors, they are the prime movers of the market even before this big institutions come into the picture last year. And then are the majority here so I would say they are going to pour big money again and fuel the next bull run and then institutions riding on it and not the other way around.