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Institutional interest in bitcoin sets the latest bull run apart from 2017’s retail-driven surge, Goldman’s digital asset chief says

Institutional interest in bitcoin sets the latest bull run apart from 2017’s retail-driven surge, Goldman’s digital asset chief says



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  1. I’ve been saying that. We’re in uncharted territory, so the patterns from the last bull runs should be taken with a grain of salt.

    BTC goes up or down. That’s about as much predicting as I’ll ever do ![gif](emote|emo_pack_1|i_dunno)

  2. This means nothing more than “just” more money being poured into the markets, no? Also, this is a bit of a self-fulfilling prophecy, where a bank’s clients anticipate ATH prices so they want to get in so the bank gets in, driving up prices.

    In this sense there’s nothing different about the quality of this bull run, only in the quantity of money moving into the market.

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