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Raoul Pal: The Bitcoin Market will Have Different Supply and Demand as Institutions Come in
Summary: Former Goldman Sachs executive and Real Vision founder Raoul Pal tweeted today that amongst all this BTC bullishness, we will surely have some existential gut checks along the way like forks in 2017. Something or things will shake a lot of peoples beliefs out and nasty corrections will occur. Also, as more money managers come ...
Former Goldman Sachs executive and Real Vision founder Raoul Pal tweeted today that amongst all this BTC bullishness, we will surely have some existential gut checks along the way like forks in 2017. Something or things will shake a lot of peoples beliefs out and nasty corrections will occur. Also, as more money managers come in, and BTC rises, things like month end rebalances will put huge selling pressure on BTC from time to time. New, different supply and demand will come as institutions come in.
By Amy Liu
Tags: Bitcoin,Demand,institutions,Raoul Pal,SupplyA
Link: Raoul Pal: The Bitcoin Market will Have Different Supply and Demand as Institutions Come in [Copy]
