Yep, and not everyone realizes that the higher the price goes, the more capital needs to flow in order to maintain that price. At $40K, it's roughly $400 million/week. At $100K, it would be closer to $1 billion. That's not going to come from retail investors.
Yep, and not everyone realizes that the higher the price goes, the more capital needs to flow in order to maintain that price. At $40K, it's roughly $400 million/week. At $100K, it would be closer to $1 billion. That's not going to come from retail investors.
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