Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
DVlog
on 08/08/2023, 14:24:45 UTC
I think after the next bull run only institutional investors will be able to hold a full Bitcoin. The price will be out of reach for most of the retail investors.

Do you think everyone will sell to institutional investors? I don't agree that it will be like that, because plan B is to not sell BTC even when they offer us some crazy amounts for it. Besides, if you can use BTC to pay for services and goods, the question arises, why sell?



There will always be someone who wants to sell off their Bitcoin for some useless paper cash. Not all of us here for long term vising many investors just wants to consider btc as a speculative assets. If it's not true then why BTC price seeing heavy resistance in 32k level. Someone is booking their profits there in fiat currency. Using BTC to pay service and goods is not likely to happens very soon. Peoples are still not very cautious perhaps that is the reason we see thousands of altcoin having billions of marketcap.