Depends on the type of investor. The value-investor gets hope it may dip further past his margin-of-safety
What happened after OrangeTard announced the Bitcoin reserve? People went nuts with the hype and then another rug pull? My man Trump is making friends every day. When are you guys going to notice that those guys don't want cryptos? They are doing anything in their power to make you hate them. What would be the point of scamming people with their shitcoins if is not to deliver the general message that cryptos are bad for you? It is too obvious what they are doing.
Blackrock is saying bitcoin is a Veblen good and there will never be enough supply for all the millionaires to have 1 bitcoin The ones that care about this kind of status will figure it out soon
I personally think they are wanting to own everything BTC from 80-100. Manufactured a flush out and now buying it all. Not all that ethical,but nothing we havent seen before elsewhere. Its part of our job,after all,to forecast these things and try not to be a casualty.
They are already rich, Bitcoin is a hope for poor people. They don't want Bitcoin, they just want to make sure that nothing can challenge their status. Look at how Trump spoke about Bitcoin 5 years ago. It is clear that they don't believe in any financial system based on crypto currencies.