This report is worth reading to understand what institutional investors are learning about bitcoin, and that can help you to understand the movements in price and the significance of news headlines.
My own personal take is that the institutional money is here. The overall market capitalization/value of bitcoin is going to increase to accommodate (and correlate,) with the amounts of money that are invested into the asset of bitcoin itself, meaning we’ll still see large movements in price and we’ll also see large movements up and down based on sentiments of a given time frame and market, monetary, and regulatory environments.
Said another way, if you own some now and hodl on to it, you’re going to be in for quite an interesting and powerful ride like you’ve never experienced.
Keep stacking sats, kids. Keep stacking.
Be well, Everyone. Enjoy the read (it’s rather insightful!)
Read the Full Article Here
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