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Mega Crypto Investors See Huge Opportunity

It’s been revealed that mega crypto investors are seeing a massive opportunity these days. Check out the latest reports below.

Mega crypto investors see a huge opportunity

Shark Tank star Kevin O’Leary says a massive opportunity for Bitcoin (BTC) could start to materialize in the coming months.

In a new interview with Crypto Jebb, O’Leary says the floodgates will open for Bitcoin if BTC gets adequate compliance infrastructure at the sovereign fund level.

“The big opportunity, the mega opportunity for Bitcoin, and why I stay long and why I continue to allocate to Bitcoin is when we get policy and institutions can allocate to it – sovereign wealth and pension institutions – they’ll probably put 50 basis points, which is half one percent, up to one percent into Bitcoin, and that’s where you’re going to break out of this range. How high? Nobody knows because the demand is almost insatiable.”

The analyst continued and said the following:

“Most large institutions want a position in crypto and they want the granddaddy crypto. They want Bitcoin. They can’t buy it yet… I service the institutions and the sovereign funds with indexing, and they all tell me they want to index for Bitcoin but they can’t buy it. They don’t have any policy. They don’t have any compliance infrastructure. So we got to get this done.”

Check out more details in the original article posted by the online publication the Daily Hodl.

Crypto market state today

At the moment of writing this article, BTC is trading in the green, and the king coin is priced at $24,196.

It’s been revealed that a popular analyst is providing price target updates for four crypto assets as the markets try to end the week in positive territory.

The pseudonymous trader known as Altcoin Sherpa said that while he does expect Bitcoin (BTC) to revisit $28,000 in the not-too-distant future, the brief surge above $24,500 on July 30th didn’t convince him that BTC is witnessing a strong uptrend in the short-term timeframe.

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