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re: It’s time to revisit Bitcoin potential. Where do you think it’s going?
Posted on 2/19/21 at 5:49 pm to AndyJ
Posted on 2/19/21 at 5:49 pm to AndyJ
quote:
I own about 1.5 bitcoin so I really really want it to do well. However, if the major institutional investors decide not to put in (and the smaller institutional investors that have put in now decide to pull out), I think that is the end of btc to the moon.
What are your thoughts?
I worry about BTC prices when the volatility comes down. I believe most people, anecdotally, own it for price appreciation. When that price starts to underperform, I believe it will put selling pressure on BTC. Your guess is as good as mine as to when, if ever, that happens.
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