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From what I hear, a lot of pensions, institutions and major banks are already invested in btc. I think it's possible that it helped sustain the elevated prices
by wollsmoth 4y ago
From what I hear, a lot of pensions, institutions and major banks are already invested in btc. I think it's possible that it helped sustain the elevated prices over the past year. The problem, I think, is that once demand slows the price starts to dive.
How long will these professional investors wait around for a return while prices approach half what they paid?