It sounds reasonable what you are saying, and it is also safe to say that institutional investors are getting more and more into Bitcoin, and maybe also some other cryptos like Ethereum. I believe there will be quite a lot of rollercoasters when it comes to Bitcoin price also in the future, but in the long run, it should still be a quite safe investment :)
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I wouldn't use "safe" with cryptos in regards to price movements.. but in many other instances it is... might replace gold to some extent as safe harbor..