Interesting article here on how retail are still not interested in crypto (compared to 2017), even though price has risen by 320% this year.
No wonder why some analysts linked the coming of institutional money to the eventual rise of Bitcoin because the interest shown by the common and ordinary investors has waned tremendously comparing current data with that of 2017 and 2018. Without the gargantuan investments coming from fund managers and investment group, Bitcoin could have continued under the bear market. We are hoping that more money can come and that the infrastructure that these investors can be requiring would start to be gaining traction.
article says the same amount of people are interested to btc since june of last year up to now which means there is no growth to make retail nor institutional investors. the answer i guess can be seen by how much devastation the bullrun had done to the previous investors. however with what happen to countries relying their faith to BTC can be a indication that the trust to btc still much stronger when it comes to countries with political instability. we should be pushing war should we?
Those who entered at the time of the bull run in 2017 were burned and there is little chance they can come back to the market, hence we are now facing a different time for Bitcoin. Institutional investors can be taking the command of the market soon and without them we can remain in the woods under the influence of the bears for so long. War can both be bad and good then. While chaos and conflicts can help push the price of Bitcoin, people may suffer and economies can greatly be affected. Of course, you are just kidding, I know it.
