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/biz/ - Business & Finance

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24721282 No.24721282 [Reply] [Original]

Oldfags I summon thee. Looking at the weekly, why is this not as volatile as the previous ATH/tops? I know it's bandied around here as BTC hopium, but is institutional investiture actually what's keeping up so high aloft and likely to continue this bullish trend?

>> No.24721374
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24721374

>>24721282
institutions and cz’s trading desks are playing a game of accumulation chicken and giving the entire planet a coma-inducing case of blue balls
we are now in the global findom market

>> No.24721408
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24721408

>>24721374
on that note, I, for one, welcome our new overlord

>> No.24721827

>>24721374
I'm not entirely sure I understand what you're saying. Basically big exchanges are dumping and profiting on these big investors which in turn results in a crab?

>> No.24721863

>>24721827
yes but with more scamwicks and aggressive liquidations
they don’t care because they’re still hoarding more, shakeout on the institutional level wouldn’t happen unless we hit $13k and boomers start angrily phoning grayscale