Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
Bitcoin going down by such a large amount has ENDED the dream of a lot of serious institutional money investing into Bitcoin. No large institution is going to invest real money into Bitcoin now that it has crashed by more than 66 % in less than a year.
So you were saying about no big institutions are going to invest in bitcoin with prices going down around 70% ? But don't if you are active on the market watch and seeing how big players are taking advantage of these dips because they are smart to play with money and take returns from them but on the other side you always miss the opportunity to do so and blame bitcoin for it.To contrary what you expected MicroStrategy has invested another $10 million to acquire additional 480 bitcoins to their reserves
And according to Michael Saylor's latest tweet, MicroStrategy keeps DCA-ing like everything is normal
They've just bought (yesterday) 480BTC so their total is around 129,699BTC and the average price is ~30,664$
So do market research about what you are writing and will advise you to read and have technical working of bitcoin and why people are investing in it and using this financial freedom tool with complete decentralisation and you will come to know the difference between legit and Ponzi schemes also.