We think that only whales and instutions will stay play with btc as its boring.
No innovation no moves i mean price moves.
Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth.
Those who got a lot money can wait 5 years and can speak about blockchain development and how nice it will be we the retail traders are here only to see moves.
Right now even if btc will make moves 20% up or down...its really nothing.
If anything can give us 100%-10000% price volatility then im sure grayscale whales and wall street will stay alone with their bitcoins.
And if the grayscale and wall street instutions like CME and those kind of white collars dont put the efforts in then im sure retail will find something better to play with.
Institutions are Hodoler, they will not sell here and there. BTC is not boring for hodlers, It might be boring for small traders cause we don't see any remarkable moves during a couple of weeks.
Not only Bitcoin but also all other alts are getting boring during the last few weeks. Most of the coins are undergoing bearish situations due to BTC dump.
Such a situation is created cause we are standing almost at the end of the year, most of the stock traders, crypto traders, and institutions are busy with calculating and summarising their yearly portfolio and maybe will start their activities from new years.
I'm pretty much sure we will see positive moves again at the end of Q1 of the upcoming new year.