Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Have all the 'Bull Runs' just been billionaires pumpin and dumpin?
by
melody82
on 12/10/2022, 17:09:57 UTC
⭐ Merited by Beefcake (2)
I don't think so. There have been two main parts of bitcoins, before and after institutional investors got involved. Before someone with 100k was a whale, after you have funds managing billions start to buy. You can see this in the price and volume history, and also with looking at news if you care to look back. But I don't think individual billionaire investors move the price by themselves. I think that they may help move the price, but there is just too much money in the market these days.