Post
Topic
Board Bitcoin Discussion
Re: What are some major institutions investing heavily in bitcoins in 2024 ?
by
Upgrade00
on 04/04/2024, 20:47:24 UTC
And how is it going to impact the future prices for bitcoin according to you ?
Institutional investors can hold Bitcoin for much longer periods of time, bitcoins which could have otherwise increased sell pressure on the market or could have been dumped by panic sellers during dips in the market. The major benefit this has on Bitcoin is that bear curves will not be as steep as it used to be and recoveries between bull periods will start to have less and less dips between.