Bitcoin will be going to 100,000 in several days from now, we're just waiting on the SEC to approve blackrocks' requests to start BTC ETFs. It'll completely change the game for crypto. Instituionally backed funds will instantly begin appearing all over the place, not to mention an absolute restart to the crypto financial revolution. The effects of the revolution will be 10x'ed almost instantaneously.
It's interesting, really. How would crypto 10x overnight depending on how the majority of investors that actually choose to invest into these ETFs? How would we know whether or not institutional investors will invest and can we track their tax filings? Will we see an uprising in illegal tax fraud due to these ETFs? Economists don't really know. Neither do I.
Only time will tell.
Bitcoin's recent ETFs might even bring in russian oligarchs. That's a 100 billion dollar pool of wealth that can invest into bitcoin at any given time....It'd do alot for the bitcoin price.


That's.....alot of money!
Good thing that all their money is legit. It really is, no objections. Just because they're russian, it sure as hell doesn't mean that they're illegitimate. Regardless, money is about to come flying into the crypto industry. Not to mention an uprising in small project price manipulation - it's already been happening.
Not that long ago, I had a crypto project worth 1,500$ in MCAP. I know it isn't much, but it sure as hell was a shit ton for me. I just convinced 1,500$ worth of real u.s dollars to buy into my project. I was the fastest growing project on algorand in terms of percentage points. We 12X'ed in a day. I was that good at lead generation/promoting. I did it with a 0$ marketing budget. Then came along a big man with 200$ and threatened me in order to get free items for the game the project was centered around. He had 200$ in the token...and so It was certainly threatening.
I suppose the point is that more money = happier community.