In 2018, the stock market has left billions of dollars which led to serious losses of each member of the investor in Bitcoin and altcoins. HYIP after bullrun slept, so now the industry is in a state of depression. Soon, however, things can abruptly change to the capitalization of the cryptocurrencies will be added to the sum in dollars.
The bulls are preparing for growth
Three CEO Arrow Capital su Zhu recently explained on Twitter why investors should keep an optimistic attitude about the future of Bitcoin. According to his sources “on the sidelines” of the stock market lie the billions of dollars that at the right time will be invested in digital assets. Hedge funds and other financial companies are already “prepared” at least two billion dollars in Fiat.
Moreover, the total amount of invested money over the last couple of months exceeds $ 6 billion.
These six billion have already proceeded to the crypt to buy your “bags”. Assume that we need more money for growth of Bitcoin to $ 10,000 simply stupid.
Unfortunately, su has not announced a specific timeframe for which the above sum will be poured into Bitcoin. Similarly, he did not give any forecasts regarding the price of the cryptocurrency.
At first glance it may seem that 6 billion isn’t a serious amount, if the total market capitalisation of well over a hundred billion dollars. But do not forget about the multiplier effect which manifested after the infusion of new investment in the industry. In periods of low volatility even relatively weak price jump can trigger bullrun and to attract the attention of the public.
There’s an estimated $2B in cash sitting at crypto funds/holdcos. There’s another $2B+ sitting in stablecoins, and another $2B sitting at exchanges/silvergate/signature.
This is $6B already onboarded fiat to crypto to buy your bags. Imagine thinking we need new money to hit $10k.
— The Su Zhu (@zhusu) February 18, 2019
For example, JPMorgan analyst Alex Krueger finds that the amount of new investments can be easily multiplied by 117.5 and. Other analysts say a more modest figures: in their opinion the value of the multiplier ranges from 2 to 25.
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