Just my thoughts:
Bitcoin is not just being bought be retail investors anymore. Wall Street is buying (and will continue to buy) as they develop and market new investment products such as Crypto exchange traded funds,Bitcoin Unit Investment Trusts, CD's indexed to Bitcoin movement.
Look at
PYPL recent addition of Crypto purchases, still in the infancy stages. Over time, other financial services and banks will be compelled to have some type of Bitcoin exposure and platform.
Look at
MSTR and $TSLA.
We should anticipate a S&P500 level company coming out with a secondary stock offering this year (or next) and specifically reserving a % of the funds raised, for investment into Crypto.
Crypto currencies will also cannibalize some of the money that wants exposure to Gold as an end-of-times or hyper-inflation hedge.
Bitcoin is not just being bought be retail investors anymore. Wall Street is buying (and will continue to buy) as they develop and market new investment products such as Crypto exchange traded funds,Bitcoin Unit Investment Trusts, CD's indexed to Bitcoin movement.
Look at
PYPL recent addition of Crypto purchases, still in the infancy stages. Over time, other financial services and banks will be compelled to have some type of Bitcoin exposure and platform.Look at
MSTR and $TSLA.We should anticipate a S&P500 level company coming out with a secondary stock offering this year (or next) and specifically reserving a % of the funds raised, for investment into Crypto.
Crypto currencies will also cannibalize some of the money that wants exposure to Gold as an end-of-times or hyper-inflation hedge.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.