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Saturday, 10/13/2018 3:13:25 PM

Saturday, October 13, 2018 3:13:25 PM

Post# of 16949
Not sure if David Drake is still showing Read how to tie his shoes but he has some interesting comments in Forbes...

https://www.forbes.com/sites/panosmourdoukoutas/2018/10/13/bitcoin-price-stability-a-bullish-or-bearish-sign/#4b256d75ce01

David Drake, Founder and Chairman LDJ Capital, agrees, though for different reasons. “It is a bullish sign because right now more hedge funds are buying bitcoin than high net individuals and whales, and that intersection happened three weeks ago,” says Drake. “Consequently, more and more hedge funds will be buying bitcoin than whales because whales have gotten all the bitcoin they want so we are going to see a surge on crypto on the bitcoin side over the next two months.”


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