Cryptographic Currency Hedge Fund CEO: Encrypted market is dominated by institutions

In an interview with Forbes, Joe DiPasquale, CEO of cryptocurrency hedge fund BitBull Capital, said that the bull market performance in 2019 was not the same as the frenzy of retail investors in 2017. Bitcoin prices rose steadily in the first quarter of this year, not dominated by retail investors. We believe that since the low point at the end of last year, institutions have been actively buying bitcoin, and retail investors will only join when the main psychological barrier is broken, that is, the level of $100,000.