RE: Current Crypto Market Snapshot

The truth is that I think that smart traders and investors should pay more attention to what large institutional investors do than what they or anyone else can say about the market.

By this I mean that the best guide we can have to know that the future of Bitcoin and many other cryptocurrencies is really promising is the fact, which you well mentioned, that more and more institutions are currently buying Bitcoin; despite still being in the worst crypto winter on record to date.

So we must always remember that more important than what can be said in the market, is what the market is doing and what is happening in the market. Bitcoin, the way I see it, will hit the current All Time High on record this year, and quite possibly we will see a new All Time High before the end of 2023; but the year is still very young, so we must not anticipate events so much and be patient every step of the way.

I liked reading your post; the theme is very interesting. Regards.

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