Institutional buyers are not backing down. More Pump?

[BrewMaster]

It is good to think that the image of Bitcoin improves over the year from being hated now being supported by large institutions. As time goes by and every year will pass, along with it the massive adoption we've all been waiting for will eventually gonna happen. If more institutions will come over crypto this will be a reason for other counties to lift the ban against crypto, especially in Bitcoin. This will increase the demand for Bitcoin and will cause a positive impact on the price.  It may be under correction right now but this is one of the best opportunities to buy cheaper coins for use to maximize our profit.

bitcoin was never exactly hated but mostly feared by those that could have been replaced by it for example the flawed payment processors. nothing has changed now. we are just seeing more investors coming in which we can not call "adoption" because these institutional investors are just big speculators that are going to play the market for maximum profit.

[beerlover]

I do not check for the reason for the market correction yesterday because if I do that, I will spend some time finding out why, which is not always right or it just from people guessing the reason. Instead, I better find other news that will allow me to know the market situations or learn more about the market to make more profit in the current conditions.

I think we do not yet see the final ATH of this cycle because the price can still increase more than just $64k or the worst thing will happen, especially since this year still has 7 months later so that everything can occur, including the final ATH which all people want to know.

Yeah, it does take a lot of worry even if you are not selling, a crash is a crash and anytime it happens no matter who you are, a newbie, a veteran, a panic seller, a long term holder, every crash worries people and that's normal. How you react to it changes what type of person you are but how you feel is same with everyone. This is why there is no need to worry about drops and pumps causing you emotions, that is something very normal.

I personally do not see this drop as something of a problem, because as long as these institutional investors are here, they are literally powerful enough to cover all the drop with one single move. Let something like amazon buy another 1 billion dollars, even if that doesn't cover it (it won't) the news of it will create so much hype that there will be 5x more bought by retail investors just because of the news.

[skarais]

I personally do not see this drop as something of a problem, because as long as these institutional investors are here, they are literally powerful enough to cover all the drop with one single move. Let something like amazon buy another 1 billion dollars, even if that doesn't cover it (it won't) the news of it will create so much hype that there will be 5x more bought by retail investors just because of the news.

Yes, I agree that correction is normal for this highly volatile asset. Even though we now know that institutional investor are very supportive of bitcoin by investing billion of money, I am sure they will come out when their target is reached. Maybe they won't come out as easily as we thought, but we will definitely see that period come. It is true that Microstrategy has sparked other institutional investor to come to bitcoin, I am still very confident that more institution will enter after this.

[michellee]

I do not check for the reason for the market correction yesterday because if I do that, I will spend some time finding out why, which is not always right or it just from people guessing the reason. Instead, I better find other news that will allow me to know the market situations or learn more about the market to make more profit in the current conditions.

I think we do not yet see the final ATH of this cycle because the price can still increase more than just $64k or the worst thing will happen, especially since this year still has 7 months later so that everything can occur, including the final ATH which all people want to know.

Yeah, it does take a lot of worry even if you are not selling, a crash is a crash and anytime it happens no matter who you are, a newbie, a veteran, a panic seller, a long term holder, every crash worries people and that's normal. How you react to it changes what type of person you are but how you feel is same with everyone. This is why there is no need to worry about drops and pumps causing you emotions, that is something very normal.

I personally do not see this drop as something of a problem, because as long as these institutional investors are here, they are literally powerful enough to cover all the drop with one single move. Let something like amazon buy another 1 billion dollars, even if that doesn't cover it (it won't) the news of it will create so much hype that there will be 5x more bought by retail investors just because of the news.

It is important to have control for ourselves to calm down for a while and find out how to solve the crash and save our investment. But sometimes, even if they are a veteran, they can panic if they see the price drops and confuse what they need to do because they never face that situation. And that is normal to have a panic feeling, but that will depend on how good you control yourself.

When I see drops, I just think about is there any chance for me to buy more amount or I only need to watch the price move because if there is a chance for me to buy, I will try to analyze, even if in the end, I do not buy it because of my feeling telling do not buy at that time. This year will be a time for bitcoin to have much support from the institutional, and I guess they already bought bitcoin a few years ago before the bitcoin rises. But I believe that bitcoin will get its pump sooner or later, so we should patient and just wait and see.

[milewilda]

This is good news because intuition join and what the MicroStrategy does many institutions will follow it. And I think the employees who know about crypto will say "good idea". What happens if dump massive, i think this is only about the time and the price will recover, so MicroStrategy also must tell their client about this

Doesnt matter on what company or instutional buyers would engage out in crypto market specially with bitcoin or into some top altcoins.For sure they would really create some good pump but we
know that we do share the same common goal which is to make profit and not really thinking off about totally supporting this decentralized idea.They are totally opposing it as we know
but since with this kind of opportunity on where they could possibly able to hook up some profits and since they are financially capable then its no surprise that they would really
be just minding about that stuff nothingless.

[GeorgeJohn]

It's very clear that bitcoin is dominating the environment because people are really interested over it's development, and the more institution adventure into it and the more its becomes influential across the nations, from my conception i understand that bitcoin is like another key of multiplication of finance and that should be another reason while it's becoming highly competitive, so as far back 2010 and 2015 some industries that adventure into it, maybe their is a welcomed development concerning it.

[Kittygalore]

Institutions can stay invested for a long time, while many of the individual investors can't do that. Whenever a market crash occurs, there is a net inflow of coins from individual investors to institutions. And the media is also spreading a lot of rumors recently, regarding regulations (such as the news about financial institutions getting charged for money laundering through the medium of cryptocurrencies).  Such rumors make the individual investors nervous and at least some of them may fall victim to panic selling.

That depends on the individual investor, it's not like everyone have the same risk tolerance, and if they have the money to not cash it out prematurely then they might be able to hodl for as long as they want or at the same time as institutional investors.

[SquallLeonhart]

Doesnt matter on what company or instutional buyers would engage out in crypto market specially with bitcoin or into some top altcoins.For sure they would really create some good pump but we know that we do share the same common goal which is to make profit and not really thinking off about totally supporting this decentralized idea.They are totally opposing it as we know but since with this kind of opportunity on where they could possibly able to hook up some profits and since they are financially capable then its no surprise that they would really be just minding about that stuff nothingless.

That’s the power of "decentralization", it creates a fair grounds fighting chance for the poor people, if it goes up 10% then it goes up 10% and if it falls then we all lose. In the fiat world when a bank collapses because it made a bad investment they get bailed out while people end up not being able to recover from it, during 2008 crisis all banks got bailed out and they are in bigger profit then ever while a lot of regular people lost their homes to banks, if banks got those houses, then why did banks got a bail out? They both get to keep the houses and also the bail out money whereas poor people ended up homeless without any help.

There is nothing like that in crypto, if we make a profit we make it together and if we lose then we lose it together, it is not against wealthy people, it is just supporting everyone equally so it is actually fair.

[Baofeng]

This is good news because intuition join and what the MicroStrategy does many institutions will follow it. And I think the employees who know about crypto will say "good idea". What happens if dump massive, i think this is only about the time and the price will recover, so MicroStrategy also must tell their client about this

Doesnt matter on what company or instutional buyers would engage out in crypto market specially with bitcoin or into some top altcoins.For sure they would really create some good pump but we
know that we do share the same common goal which is to make profit and not really thinking off about totally supporting this decentralized idea.They are totally opposing it as we know
but since with this kind of opportunity on where they could possibly able to hook up some profits and since they are financially capable then its no surprise that they would really
be just minding about that stuff nothingless.

Or more involvement from retails and average jo investors just like the majority of us. Institutions have been here I believed as early as 2017, prior the the break out year we had that time that's why we achieved an all time high. And then it was highlighted again late 2020 and it's still going on till 2021 although the price somewhat minus 50% after a great and super fast bull run we had in the first half of the year.

Of course everyone here is for the profit, regardless of whales, whale streets, institutions and retail investors, that's already a given fact. Just a matter of strategy on how to make money specially for average joe's.

[STT]

Appears impressive momentum recently and it could develop a trend upwards but not on a weekend so much, volume isnt strong enough.  I think we need to do another loop for more momentum.   I'll be watching to see how far we pull back but so far we have not yet arrested the negative momentum and this is still a relief type rally.  If we hold 33 and 34k through a couple days of all markets trading it will be a bit more convincing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               

[bbc.reporter]

I speculate another one of bitcoin’s largest pumps is coming. Considering Jaime Dimon’s public remarks on bitcoin and this contradiction in his actions, it appears that he had JPMorgan spend its internal resources to know what their clients want. The decision was not done without clear planning.



JPMorgan Chase began pitching its Private Bank clients on an in-house bitcoin (BTC, +3.23%) fund for the first time this week, completing its transformation from the never-bitcoin mega-bank to a genuine player in the digital assets space.

According to two sources familiar with the matter, the passively managed fund, offered in partnership with bitcoin powerhouse NYDIG, doesn’t yet have any investments from clients. That could soon change; advisers were primed only yesterday in a launch call with the bank.

That’s keeping with the party line from the bank’s bitcoin skeptic CEO, Jamie Dimon. Despite his historically vehement disdain for spooky internet money, Dimon has repeatedly said that clients want the stuff, and therefore JPMorgan has a responsibility to deliver it safely.

Source https://www.coindesk.com/jpmorgan-launches-in-house-bitcoin-fund-for-wealthy-clients

[hd49728]

This is good news because intuition join and what the MicroStrategy does many institutions will follow it. And I think the employees who know about crypto will say "good idea". What happens if dump massive, i think this is only about the time and the price will recover, so MicroStrategy also must tell their client about this

Not only Micro Strategy, JP Morgan, Tesla but many long term holder entities are accumulating more Bitcoin and they accelerate their accumulating speed.

Let's check this out with on-chain analysis from glassnode.

https://twitter.com/glassnode/status/1423086804043894786

The proportion of #Bitcoin supply held by LTHs continues to trend higher as coins are held dormant.

Previous bull markets were triggered when LTH supply reached between 63.6% and 71.5% although often after many months at these levels.

LTHs currently hold 66% of the $BTC supply.

Price will move months after this accumulation, is it a big matter? I see it is not a big matter and fortunately, we have signals that price will grow up again.

Taproot activation in November, check it out: https://taproot.watch/

[Kemarit]

Appears impressive momentum recently and it could develop a trend upwards but not on a weekend so much, volume isnt strong enough.  I think we need to do another loop for more momentum.   I'll be watching to see how far we pull back but so far we have not yet arrested the negative momentum and this is still a relief type rally.  If we hold 33 and 34k through a couple days of all markets trading it will be a bit more convincing.                                                       

And just like that, the price pumps to $42,000, but not sure if the pump comes form institutional buyers.

But we all know that this whales, with their deep pockets will really take advantage of every dip to fatten their clients wallets or for themselves, so don't be surprised if we will hear reports again that they've started to buy again that will push the price to at least $50,000 this month.

[buwaytress]

And just like that, the price pumps to $42,000, but not sure if the pump comes form institutional buyers.

But we all know that this whales, with their deep pockets will really take advantage of every dip to fatten their clients wallets or for themselves, so don't be surprised if we will hear reports again that they've started to buy again that will push the price to at least $50,000 this month.

The final loop around STT mentioned looks like is happening right now then. And as I thought, we should enter Friday with fresh impetus from the bulls for yet another weekend swing up.

Not sure we won't be heading back down below 40k again after though, still titchy all over the place... But it could also be some variable from attention all on Ethereum since yesterday with that London conference and fork sure to draw some speculator strength from Bitcoin.

I hope to hear more FUD than good news this week though. Wring the bad press dry, I say.

[Lucius]

I speculate another one of bitcoin’s largest pumps is coming. Considering Jaime Dimon’s public remarks on bitcoin and this contradiction in his actions, it appears that he had JPMorgan spend its internal resources to know what their clients want. The decision was not done without clear planning.

You seem to have changed your mind, because for months you have been saying that we have to prepare for the worst

Besides, when Jaime Dimon is mentioned so much in a negative context these days, don't you and others know that he had a negative opinion about Bitcoin for only a few months - and that he publicly apologized for saying that Bitcoin is a fraud.

I don't see how you connect this news with the new pump - because JPM has been extremely bullish around BTC for a very long time - JPMorgan says bitcoin could rise to $146,000 long term as it competes with gold.

Offering a service to customers is one thing, and it is quite another whether customers will use it - everyone who has listened to their advice has had enough time and ways to already invest in Bitcoin.

[Botnake]

I think institutional buyers (and possibly central banks) are buying Dogecoin 

No, not gonna happen, only Elon buys Dogecoin. lol...

If the Central bank will buy crypto, we would know as they will make it public, it's our right to know, but since they did not announce it yet, then let us not assume that they will buy bitcoin.

Institutional buyers that we are referring to here are private businesses or institutions, the central bank is own by the state, so it's public.

[rahmatrf331]

Follow the institutional investments and their public records on https://bitcointreasuries.org/

If you are lazy to follow it, you can watch that topic and get updates by the topic author: Bitcoin Treasuries. @fillippone has big interest in economics and institutional investments. He keeps his topics updated very regularly.

I have read and followed the public records, the information is very accurate. looks like bitcoin will be a very strong pump going forward. There are so many institutional investments that adopt bitcoin, including:
MicroStrategy from America as much as 105,085 bitcoins, it looks like the whale is pounding its tail fin.

[jakdanyel]

I think that institutional buyers won't be affecting the market directly very much anymore. Because we see that some companies like MicroStrategy have still been buying a great amount of Bitcoin but those news haven't affected Bitcoin price a bit. The market and Bitcoin are getting stronger and stronger as time goes on. And this helps preventing the manipulation at a high rate.

[milewilda]

I think that institutional buyers won't be affecting the market directly very much anymore. Because we see that some companies like MicroStrategy have still been buying a great amount of Bitcoin but those news haven't affected Bitcoin price a bit. The market and Bitcoin are getting stronger and stronger as time goes on. And this helps preventing the manipulation at a high rate.

There are some who do boast out on buying coins but for sure there are companies or investors that havent said a word but they do accumulate silently behind and same
goes when they are selling too which it is really hard to tell on what are  the actions been doing since this market cant really be traced up on whose buying and selling
behind but we can make up some presumptions that they neither be part or not on said situation. Lets just wait on what would happen in next months or years
to come.As an investor or trader then you should know at least on what you are doing.

[Bustart]

~snip~

Institutional investors are getting more interested in bitcoin. This move by MicroStrategy is a big step. Will other companies follow this path? How would employees react to this? Since btc is volatile and can dump at any minute. I can understand if they are excited about it now as Bitcoin is bullish but what happens when there is a massive dip? Love your hear thoughts on this none

If there's a massive dip, good opportunity happens for people who still wanted to buy at cheaper price but not that significant because right now it's impossible to have btc at below $35k. Lately price saturates at below $40k and only stayed at above $37k while green signals was potentially creating strong influence towards different interested buyers.