Considering the increasing interest from institutional investors, what impact do you think it will have on the overall value and perception of Bitcoin in 2024?
I for one, personally think that Institutional investors have the potential to significantly impact the value and perception of Bitcoin in 2024. Their involvement brings more legitimacy and stability to the market, which can attract more investors and increase overall confidence in Bitcoin. As institutional adoption grows, it could potentially lead to a higher demand for Bitcoin, driving up its value. It's an exciting development that could shape the future of Bitcoin!
What do you think?
They are going to remove the doubts from the noncoiners as if they're only reliant on these institutional investors. Those who have a feeling that Bitcoin is such a scary asset will have to clear their doubt through them as they're going to be like the guarantor that they're finally safe if they are going to invest in it. There is no need to deny that institutional investors will have an impact on the adoption and demand because ever since they were heard having interest to get into this market, there was a positive impact that has been seen.