Implications of Major Institutions Entering the Bitcoin Market

in blurt •  7 months ago 

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The fact that major global institutions are entering the Bitcoin market suggests that there are no longer buyers capable of driving prices up. Because cryptocurrencies, unlike stocks, do not distribute profits based on performance, the lack of further buyers implies the beginning of a game of who exits first.

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Yesterday was a good day to sell all your Bitcoin … or last week.
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