Found this info
https://www.coindesk.com/bitcoin-back-above-40k-as-institutions-lead-the-way
Good find. It's usually pretty clear when the big funds are buying vs everyone else.
Good find. It's usually pretty clear when the big funds are buying vs everyone else.
They tend to have just a tad bit more capital :)
They tend to have just a tad bit more capital :)
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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