Cryptocurrency
Strategist: Next Wave of Bitcoin Investors Likely to Come from Robinhood
As NewsBTC reports, “As Bitcoin continues trading sideways within a trading range between $9,000 and $10,000, investors are busy at work speculating as to what could help fuel a further price rise for the benchmark digital asset. “Now, one strategist is noting that the crypto could soon see a massive influx of new capital from […]
As NewsBTC reports, “As Bitcoin continues trading sideways within a trading range between $9,000 and $10,000, investors are busy at work speculating as to what could help fuel a further price rise for the benchmark digital asset.
“Now, one strategist is noting that the crypto could soon see a massive influx of new capital from retail traders – and particularly those trading on Robinhood.
“There have been countless examples of an army of return-hungry retail investors on the popular investment platform who have pumped the stock prices of many small companies – even some that have gone bankrupt.
“One strategist is now noting that this retail hoard may soon grow bored with equities and direct their attention to Bitcoin – which is offered on the platform.
“He contends that they could soon pile into Bitcoin positions…”