Institutional investors are getting into Bitcoin now and have been for a few months now
and will continue the trend at whatever value Bitcoin is at because when Bitcoin reaches a
$300k or $500k value nobody will be complaining that they bought at $55k rather than $35k
Institutional investors are not going to be selling next year or the next 5 years, what is the
alternative to Bitcoin for storing their wealth.
I was happy with the recent dip, I was able to buy with the last $30 I had on an exchange.
I will be buying more when FIAT is available for me - always
Warren Buffet has been keeping his coca cola and Gillette stocks for probably 600 years now, those are the type of people these are. When a huge company like JP Morgan or whatever buys stocks? They end up keeping it for years, why leave that much cash and profits aside? At the end of the day we are talking about these type of corporations here and they are going to definitely leave crypto in their vaults and just keep it there, it would be a horrific thing if they get hacked, that would be very very scary, but aside from that we are talking about nothing that can change the situation we have in our hands.
It is something that is valuable to remove crypto from the market, if you do remove that much bitcoin from the market (and they keep doing it) eventually there will be less and less and that would make bitcoin more scarce and valuable.