What Are The World’s Top Bitcoin Investors Talking About Behind Closed Doors?
coinputin.com – The rapid institutionalization of bitcoin has attracted the attention of many around the world. In addition, institutional investors, family offices have increased interest in Bitcoin investments have also started to rise steadily.
Bitcoin Is Changing The World Economy
In the final episode of the pump podcast, Raoul Pal takes us to the conversations that take place behind closed doors among the big-money men of the 90s. The barrier to bitcoin entry was relatively low ahead of its historic bull run in 2017, and this has changed the landscape of cryptocurrencies and the world economy as we know it.
The volality of bitcoin as the main carrier of the price chart has led to a rapid increase in the market value of Bitcoin. As Raoul is a technical analyst, chart patterns such as the Triangle wedge model on the Bitcoin chart, due to more than volatility, led him to invest more than 50% of his liquid money in Bitcoin.
The trend of higher return on investment has taken him all the way. Unlike maximalists or Bitcoin advocates, traders and investors who describe themselves as macro men have taken huge risks on Bitcoin with their liquid cash.
What’s Behind The Closed Doors?
Behind the doors, almost everyone has a personal allocation in Bitcoin. Including Dan Moorehead, Novogratz and everyone else. A whole generation of macro investors who grew up together have moved from one trade to another, increasing their orientation to Bitcoin regardless of its position during market cycles.
These investors bought Bitcoin at $ 8,000 and continue to buy it anyway, even though it’s ATH. Major macro players have described Bitcoin as an enormous impact on large amounts of capital.
Most hedge Fund managers have turned to Bitcoin for its high volatility and higher return on investment, at a time when they are suffering from a low volatility defect that hurts their portfolio performance more than benefits. For those at macro and the big speculators, Bitcoin had a “parallel universe.” This explains the rapid institutionalization and growing market value, network momentum and the increase in Bitcoin. With the Bitcoin Trust Fund reflecting bitcoin’s performance, the Grayscale Bitcoin Trust is one such corporate player that leads systematic Bitcoin purchases every week.
The backlog of over $ 18,000 has continued, and this metric has consistently driven Bitcoin demand since the price topped $10000 in July 2020.
The ongoing price rally before the bull run led to more talk and subsequent integration of Bitcoin into more world economies. With few signs of FUD this time around, closed-door talks are extremely open for retail traders. The market cycle could probably skip a stage if Bitcoin closes 2020 above $20000.