What Effect Do Corporations Have on Bitcoin Lows?
With Bitcoin gaining more and more institutional adoption, what effect will this have on lows? Will this create higher lows for BTC or will this create an environment where BTC bounces off every single low?
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Bitcoin is gaining adoption gradually from most countries and am glad El Salvador and Russia have accepted it in the country which I believe other countries will follow as well. Bitcoin has so many advantages governing it and it has helped a lot and also create opportunites for so many people all over the world to eradicate financial crisis, sooner or later it will be as a means of payment in most countries to transact and Bitcoin will definitely rule the world.
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What I've noticed is this institutional investors happen to pick up BTC at every dip. They appear to help BTC bounce off at every single low. Not sure they're are responsible for the higher lows
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I think seeing BTC gaining momentum despite some force against it is very important and I want to also say that Having some countries adopting it too is very vital and a good lead also.
Irespective of it dip too, people still keep on buying and also investing in it and to me that really makes it look so good to me
Those investors I mean institutional investors used BTC when the price come down and used that price as an advantage in which they we not responsible for the higher lows as well
Many people are now adopting bitcoin and this is given btc more value and I don’t think we can ever see btc at 3k again. The more adoption the more changes we have in the lows
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