Not exact matches
Just before that, relentless buying from retail and
institutional investors alike struck Wilson
as euphoria, the stage that marks the
beginning of the end of a bull market.
According to Barhydt, the movement into bitcoin by
institutional investors in Japan led to a feeling of FOMO among retail
investors around the world
as the price
began to climb.
Particularly, casual, professional, and
institutional investors are
beginning to adopt bitcoin
as a safe haven asset, digital currency, and a store of value.
As more
institutional investors begin to notice that traditional asset classes do not provide the diversification nor returns that they desire, they will probably move into Bitcoin.
We reiterate our Litecoin price prediction for 2018
as Abra CEO Bill Barhydt predicts that the crypto market will enter into another bull run when western
institutional investors begin pouring money into this space.
As Keiser and the LedgerX team noted, Wall Street and the market of
institutional investors are only
beginning to engage in bitcoin and cryptocurrency trading.
For years,
as these debates waxed and waned with little few tangible results, public
institutional investors began to quietly making their own commitments.