It's rare that I make assumptions that aren't based on numbers, but I have something that's been on my mind 😅
If I were BlackRock, MicroStrategy, or any other institutional fund, I would do everything I could to get the
#Bitcoin above $100,000 before Christmas Eve, or even before the end of the year. Why? Because it's much more powerful in marketing to let people say:
“Look, Bitcoin is at $100,000!” than “It’s at $95,000.”
Round/psychological numbers are super important for retail, as we've known for a long time. So, it's so much more profitable to let BTC do its own influencer work with a price of 100K rather than 95K.
Okay, I know, it's ULTRAAAA RARE that I throw out this kind of idea, because I'm a numbers and data guy. But hey, I had that in mind.
What do you think? 😂