Populrn kryptomnov investor Lark Davis bag disagreed with this idea. It is an opinion that institutions manipulate the market behind it profit to retail investors and short-term drivers. In his recent video, he deals with this darkness, which in nm according to the analysis.
Institutions manipulating s Bitcoiny?
Davis thinks so, because institutions have the capital and the influence to achieve such manipulations. In support of his claims, he presented the treasures of some of the great names. First on this list was Guggenheim Investments. This global investment company with a stake in Chicago was accused by Davis of a mentally manipulative statement behind the Bitcoinu in their favor.
When BTC picked up the pace and started his bh to the May ATH at $ 60,000, CIO of Guggenheim Investments Scott Minerd said in a complaint that Bitcoin could eventually cost $ 600,000. In an interview with CNN, he stated that the supply and demand, as in the case of gold, it could climb to $ 400,000 to $ 600,000.
Now that Bitcoin collapsed and investors lost millions dollar, Minerd changed his pedpov. In an interview with CNBC, he stated that e BTC could soon reach the bottom of $ 10,000 $ 15,000. He said that the market will shift in the last few years to parties, no opt becomes bm. To this Davis remarked:
–
