I remember when the stock market and the crypto market were pretty much the polar opposite of each other when it came to one going up and the other going down. Now it seems that they pretty much follow each other in lock step. Do you think that is going to be the norm now that the big institutions are starting to invest more?
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Yes I do. I think with big institutions involved, we are going to mirror the NASDAQ to some degree. This is because the same institutions that own tech stocks are the most likely to also own bitcoin.
That is what I kind of figured.
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