Institutional Investors will initiate Bitcoin’s (BTC) next parabolic price move up
Before year end – Fidelity and NYSE will offer actual Bitcoin with custody to its clients. I expect them to hold one bitcoin for each one purchased.
They have customers lined up and I don’t think those are small retail investors. This is the institutional wave we have been told for months is coming.
When they launch they will also put out some marketing to influence others to “get off zero” or at least have 1% of their portfolio in Bitcoin. Its risky not to.
Family offices have money to deploy but up until now, they haven’t had anyone they trust to sell it to them.
Don’t wait for “the bottom” – maybe it already happened or maybe it will happen and you will miss it. Dollar cost average in over months until you reach your portfolio distribution goals.
Price prediction. 200 to 500k with fall back to 50k