In the 2020-2021 Bitcoin & Crypto bull market, the number of retail investors was 10 TIMES MORE than in the current bull market.
In other words, very few people on the street are interested in BTC and cryptocurrencies right now, the general public is out of the market.
This has a number of readings, most of them positive, which I will break down for you in this thread 𧔠bitcoin
â If Bitcoin has managed to rise to 63K$ without the help of retail money, then it logically means that the rise has been generated by institutional money.
Imagine the potential of this bull market, if BTC is at 68K$ without the help of retail money. When the general public arrives, we will easily surpass prices of 120K$ or even 150K$ in this cycle.
â Smart money (institutional money), which are large fortunes, investment funds, exchanges, whales... their main objective is to capture the liquidity of the general public. This is how they make money.
Therefore, with 100% probability, in the next 10-12 months they will seek to attract retail capital, buying spaces in the media, newspapers, websites, television, etc. etc., and above all, pumping prices higher through market making.
â If altcoins are at these prices without the general public having accessed the market, it effectively means that they are at market floor levels, and that those who have formed that floor, that main support, are smart money.
Buying alts at current prices, IMO, is low risk, because it is the smart money that is interested in not going below these prices. IMO I see an X5 in any average altcoin with a decent project, in the next 10-12 months. â If altcoins are at these prices without the general public having access to the market, it effectively means that they are at market floor levels, and that those who have formed that floor, that main support, are the smart money.
Buy alts at current prices.
