Technical analysis by socialparasite69 about Symbol BTC on 8/18/2024

I don't have much to say here. Check out the trend lines and the other indicators. I think that given the amount of people that don't have money for life, where does BTC fit into retail buyer's investing life? Other than the top institutions buying. where is the Money going to come from? I don't want to come off as a bear or non-btc believer, just an honest question? People invest money into the product that, for example Blackrock manage. How much of the funding that was raised in the last funding round come from normal people $GETTEX:25K -$100k put money into this? How much money comes from institution that wouldn't be linked to investment from the plebs? Not a pension fund that buy's BTC or an ETF? or Government [S] buying with the people's money. What Companies hold BTC or an ETF that have done so with balance sheet money? in my opinion the last bull run was a perfect example of money inflow that came from the Government to the people, Stimulus cheques. $15,000 bottom on BTC should be noted. The plebs drove the price to $20k in the first bull run. Note the money flow to price then, look at the money flow from 2019-