Despair and Frustration or Something else?

While many sold Bitcoin at major losses in despair and frustration (and even panic), because not everyone can endure this kind of Bear Markets, it’s now a fact that institutional investors keep stepping in silently.


FIGURE 18: GRAYSCALE INVESTOR PROFILE BY TYPE – Q4 vs. 2018

Grayscale Q4 2018 report is revealing about the inflows made while price was lagging or moving down. As we can see in this report more funds got injected into BTC when price broke major supports, for instance bellow 6k.


FIGURE 3: GRAYSCALE TRAILING 12-MONTH INFLOWS AS % OF TOTAL AUM SINCE INCEPTION8