RE:RE:RE:RE:Sidelines
I totally agree. But institutions have financial responsibilities. As a business owner, it does me no good to gamble my companies money. The way I see it. Only short minded people are looking at the daily and weekly charts. But zoom out and its a different story. On the 1 year it looks like we should be around 20k USD BTC. On the 6 month, 25k USD BTC. And thats how I assume smart money is looking at it right now. Remember institution's buy with 10 guys sitting around a table and they have to agree. Imagine executives today. Should we buy now, probably wait it out until there is stability in the prices. Might not drop at all. We could go sideways too. For me personally I dont need to chase this at my level. *My opinion*