I'm thinking they might be waiting for more dips in BTC. These big investors have very good fund managers, so I don't think they would want to miss the crypto bull run.
You are viewing a single comment's thread from:
Sort: Trending
We were lower than this and the potential minimum for this pullback when ETFs were approved, and the sentiment was clearly positive, so it was likely to go up, which it did. They weren't waiting for lower prices, because they missed the start which was the best time to invest. Well, one week after the start was even lower, but I what's a couple of thousands more or less?
I guess that's true. Since they missed the start, they won't enter? If the upside is still very high, I think it is still worth it. It could be they don't want too much risk.
I don't know what to think about it.
What if they don't buy in huge orders but instead split their orders into smaller amounts, and they still have participated from the beginning? That would make perfect sense.