Not denying that. I just have the feeling the market wants to go up but gets stopped because this shit every time.
Perhaps it does, but that is only possible because there is so little determination with the buyers. As long as they wait, the price stays low. When they start to pre-empt each other, it rises. It may (
and likely will) take months before it happens. The bottom, however, is established here, it is not $200. Every week brings more certainty to that.
With $100 million of new money who are not satisfied with anything else but Bitcoins, the market would be $100 or so higher.
With $1 billion, we would be nearing ATH.
In our runup to $5,000, about $6 billion of fresh money need to be invested. None of us has this money. It is the new generation.
If you are unsure whether Bitcoin receives this "financing round" or not, just take confidence in the fact that everyone in the world can participate, there are no minimums, no maximums, no lock-in periods, and the "company" has no burn rate and its economy becomes better even while waiting for the capital injection.
Isn't there is some sort of 'burn rate' as capital get's reallocated to miners and mining companies?