Prediction evidence

Bitwise CEO Hunter Horsley on why steady gains drive more crypto inflows than fast spikes "The slightly less obvious thing that we run into relative to price, that the sales team at Bitwise would know well, is that when prices are down, some investors, you know, I just told you we've taken in billions of dollars of new assets in a year that the price is down, some investors definitely see opportunity." "A lot of investors say, OK, I'm still interested in this, but it's not urgent. Let's see if it goes lower." "On the other end of the spectrum, if the price goes too high too fast, their intuition would be this thing might be overheated. I missed it. Exactly, I missed it. If Bitcoin shot to $150,000 by the end of October, it would be almost equally pausing for investors." "There's actually like a sweet spot, which is, you know, positive price performance, not too slow, not too fast, and not too high too quickly. And I think crypto has a great setup relative to that right now." "It's a very constructive time. A lot of investors have been looking at it for the last 12 months, haven't felt urgency because prices have been getting cheaper and cheaper." "As the market is demonstrating yet again, for the hundredth time, that it's not dead and not going to zero after 16, 17 years, I think that the positive price performance is very helpful."