As everyone can hopefully plainly see by now, the groundwork is currently being laid for institutional money to finally enter the crypto market.
And by institutional money we don’t mean wealthy individuals or private investors, we are talking about banks, large corporations/companies, and BIG funds (like pension funds and such).
The thing with this BIG money is, up until now it didn’t have a legitimate way to enter the market. There were options like dark pools and buying OTC, but these ways weren’t established enough for BIG institutional money to jump in yet.
Not only that, but BIG money needs to make sure the regulators aka “lifeguards” (the SEC and other major governments) are going to let everyone swim and prevent manipulation and cheating.
And the regulators are very active, as evidenced by all the big moves that are happening (Gemini’s exchange patent, Coinbase institutional investing, Kraken registering with the SEC, Goldman Sachs entering into crypto, yadda yadda yadda). These things wouldn’t be happening if those players didn’t already know what the regulators will say (and have already started hinting at).
So here’s what could happen: BIG money is going to get in, the price is going to jump from that. The small investors will then FOMO in/back in causing the price to rise more. Then banks and more big funds are going to start offering the average customers the chance to invest in in crypto through them so they don’t have to use an app or manage any keys or worry about any of that “tech stuff” like storing keys and what not.
And that’s going to kick the price up even more.
You see gents, $7600 seems like a lot for one bitcoin, but in reality, when you factor in what is going to happen when BIG money pours in and sparks the next bull run, $7600 is gonna get crushed.
Why do you think all these big names keep throwing out ridiculously high predictions for what bitcoin can reach? $50k, $100k, $1mil…
It’s not just because they want to create hype. It’s because if you know how to do the math, those numbers are not only completely realistic but likely.
Finally, you need to understand this: there won’t be any specific events or news or partnerships that spark the next bull run. The next bull run is going to happen when you least expect it, when everything is quiet, when everyone thinks nothing is going on…THAT is when you’ll see the price start to rise.
And you’ll be waiting for it to come down and correct, but it won’t….and before you know it, it’s going to take everyone by storm, the likes of which they would have never imagined. It’ll be one which comes out of nowhere and swallows up everyone’s bearish predictions and spits them out all mangled and chewed up. It’s coming….slowly but surely, there’s a good storm coming.
So kick back, relax, crack open a brewski, and build your portfolios while the price is still ripe gents, because when you least expect it, shits gonna get real. And if you’re prepared for it, you’re going to get richer than you ever thought.
This post was a great write up by a Reddit user, jp4ragon – you can see the lively discussion it sparked here.
Relevant Article: Turkey’s economic crisis can trigger the next crypto bull run
https://hackernoon.com/turkeys-economic-crisis-can-trigger-the-next-crypto-bull-run-86e53392d9bc