Michael Novogratz, one of the big investors who draws attention with his comments, stated that he does not expect a record increase in the price of cryptocurrencies. He stated that investors should wait for institutional investors in this regard and that it would not be possible for the price to rise to high levels if there were no institutional investors.
I predict that institutional investors will appear in the market at the beginning of next year. Until this time, individual investors should not expect huge increases in Bitcoin. It should not be the price increase that should be expected, but the date when institutional investors will enter the market. – Famous commentator Michael Novogratz
The confidence of institutional investors, which is expected to appear actively in the market from the beginning of next year, will have a significant impact on the fact that more people will have crypto money investments. believed to be possible. The careful entry of institutional investors to the market can provide great activity in the market.