 What is going on ladies and gentlemen and welcome to another Bitcoin daily video in today's video We are talking again about institutional investors. We're going to go over some more data on What's been driving this bull run all year long? We're going to show you proof That institutional investors have been pushing this price up, which is why there's less price fluctuations And we haven't had those 30 drops that we saw in 2017 When the bull run was led by retail investors and not institutional investors Make sure to stay tuned guys. You don't want to miss this video guys Make sure that you like and subscribe guys hit that notification bell and drop a comment Let us know if you've been in this bull run And if you guys are interested in using the exchange that we use We use bybit and in the description We have a link where you guys can sign up to do that and you'll be able to get some rewards on your initial deposit Up to around a hundred dollars or more. So without further ado, let's jump right in guys So next thing we want to talk about is this chart right here as you can see this is from crypto Quant and They specialize in a bunch of different analytics and Analytical charts. So it's very very interesting. You guys want to check it out crypto Quant.com, I believe But basically what this is here you can see here as it says on this tweet BTC wells seem exhausted to sell fewer wells are depositing to exchanges I think this bull run will continue as institutional investors keep buying an exchange while ratio keeps below 85 percent so This line right here is the 85 percent line anytime that we're below 85 percent The price continues up and the bull run continues up But when we're above 85 percent that means that that's when wells are looking are basically selling So when the money is in the exchange That means that That they're looking to Sell or trade their positions when the money is off of the exchanges That means that they're probably off in cold wallets and other things like that And they're not looking to to trade it or sell it. You're looking to hold it So here is the same graph in 2020 march Um, when the exchange when the exchange well ratio was ranging between 85 percent to 90 percent And you can see how bitcoins at that point bitcoins price was kind of stuck And then that's when there was a huge drop, right? Then in 2018 november's great sell-off It was also ranging between 85 percent to 90 percent, right as you guys can see here in november The the ratios the exchange ratios were up So That led eventually to a sell-off here Then if we take a look at 2019 during the bull run when we ran up to about 15k Uh, it was like 13 14k something like that. You can see that the range of this was under that 85 percent So when it when it stayed off when it stayed below 85 percent You see that the price took off that meant because at that point when it's under 85 percent The wells aren't looking to trade or sell what they have you're looking to hold at that point and then Last but not least in 2017 during the run to the previous all-time highs You can see that it was for the majority of the part. It was under it was below that 85 percent Now, of course, there's always exceptions to the to these things and there's always, you know Times will it will be over 85 percent or under 85 percent and the price will still go down Or over 85 percent of price will go up But for the most part we're trying to look we look back on historical data And we try to figure out patterns at this point everybody's trying to figure out at this point Everyone's trying to figure out how far this market market cycle is going to go So, um, that's the things like this just help us out to to you know, to know whether it is to continue Longing or to start taking profits or to be more cautious with trades stuff like that All right, so as we continue to analyze this bull run um We continue to look for uh, what's you know causing this bull run Um, as you guys can see here. This is bitcoins realized market cap, right? It's currently around 186.6 billion dollars as of uh, december 28th Institutional investors are currently holding about 16 percent of Bitcoins realized market cap you can see you can see here that grayscales Acid under management is currently around 19 billion dollars And institutions assets under management is around 30 billion dollars, right? So that's about 49 billion dollars, which is around a 16 percent of bitcoins realized market cap So that just proves that this bull run so far Has been led by institutional investors. It's been led by institutions So the good is that they're probably putting their money in cold wallets and they're taking money off of exchanges They're not you know on exchanges just looking to trade in and out Um, so it won't make it won't let the bitcoins price fluctuate so much So we won't have uh, it might prevent like those 30 drop-offs like we had in 2017 When the bull run was led by retail investors. It basically might make Bitcoin a lot more stable and as retail investors start coming in Then it's just gonna continue to shoot the bitcoin price up We can see here some of the institutions What whatever it is that they currently have on record and you can see how much they have Um, and how much what how much they're up, right? So, uh, for example, micro strategy Um, they put in around 1.1 billion dollars Um, and it's currently worth 1.6 billion dollars. That is insane So they have around 70 000 bitcoins that they're currently holding And then you can just kind of look down this list and see all the different companies holding bitcoin Um, that's been leading this bull run You get here square, you know that they invested 50 million and that's currently worth 111 million So they've already more than doubled their money. That's just crazy to think here's grayscale And as you guys know, this is a little late because this is at 13 billion. They're currently up around 19 billion So that's pretty crazy They have uh, half a million they have over half a million bitcoins that they're that they're under management right now So pretty crazy stuff to look at guys. Um, that all kind of points to what we've been talking about Um, kind of hammering in the point that This bull run has been led by institutional investors not by retail So 2017 was led by retail investors Which is why Great bitcoins price was able to fluctuate so much and we had like daily 30 drops and daily You know 30 games um, you know this time around we've been It hasn't been fluctuating as much guys. I hope you guys are enjoying this video so far Make sure to please hit that like button and drop a comment Let us know what you think about institutional investors And if you think they're going to keep coming in or if you think they're eventually going to pull out Make sure to hit that like button drop a comment. Let us know what you think and now we're about to tell you When is the retail phone we're going to come in? So that's what we're covering next if we go ahead and pull up the google trends This is kind of more or less how you can tell The the retail investors if they're coming in yet or not um Look at look at google trends In 2017 right that was at 100 in 2017 So during that bull run during the all time the all time high We were at 100 right? Look at where we're currently at right now. We're at about 33 So that means we're 33 percent of the way to where we were um in 2017 as far as retail investors go that means retail investors are still not Searching it like they were in 2017 The FOMO has not began yet And I think that the FOMO is going to begin in Next year in 2021 Which is going to lead the bitcoin price higher This is what could take us, you know for more we're currently at which is that like around 28 000 and could just shoot us up to like $50,000 in 2021 It's insane to think about I know but this is currently the reality of where we're at So all in all guys, um as you can see This bull run to new all-time highs has been led By institutional investors the big players have entered the game This year which has pushed that bitcoin price Uh retail FOMO isn't even here yet and that's what's gonna lead I believe in 2021 Retail FOMO is going to it's what's gonna drive bitcoin's price even higher So, um, I still think that from this point where we're currently at we could still double the price Next year, so we might have another triple digit percentage Year-to-date percentage next year in 2021. That is not out of the question But that's it for today guys. I hope you guys enjoyed this video. I hope it brought you guys some new insight Um, I just want to give I like to give you guys different Different little points of information Um as much as possible You know if the information is out there I try to look for it and find it for you guys and bring it to your attention So that then you guys in return can make the best decisions possible with your own investments guys Make sure you like this video. Uh drop a comment. Let me think what you think Let me know what you think will happen next year with bitcoin's price Do you think we can double next year again and go from what we're currently at around 28k to Over 50k in 2021. Let me know guys. Make sure to subscribe I appreciate all of you and again, we have one day left in this year If you guys missed it, uh, check out yesterday's video that we did Where we talk about when we go into into detail five reasons why bitcoin Has been on this bull run and why it will continue this bull run in 2021 So make sure to check that video out guys. As always guys, I'll see you on the next video. Peace and love