“Strategic Bitcoin Reserve” is the “Wall of Institutional money” of this cycle?

For those of us who’ve been around since last cycle, remember in 2020-2021 how many of the bitcoin pundits were saying that a “wall of institutional money” was coming any day to bitcoin and price would reach $200k? I’m getting that same vibe about the “SBR.” Now, the institutional money has finally come. However, I’m not going to hold my breath for the SBR. (With the exception of DT not selling bitcoin already owned by the government.) I’m not a pessimist and I believe there’s a lot of upside left to this cycle, but after last one, I take it all with a grain of salt. My top estimate: 180-200K. DCA out as important as in. Wouldn’t be surprised if when we’re topping the talk of SBR gets heated and then we crash and head right into crypto winter.

submitted by /u/Tricky_Gap5575 to r/Bitcoin
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Quelle: bitcoin-en