Explained in two sentences why BlackRock is bullish on Bitcoin.
Because they hold 2% of the Bitcoin supply.
They were waiting for the right moment to enter the market.
And now they are trying to encourage retail with these very positive statements.
Let's be clear, I am bullish on Bitcoin and I think we are at the gates of a big bull market. But behind every market impulse there is a reason. They want to bring FOMO to Bitcoin in order to let all retail in.
Remember that we are their liquidity exit. So know that even if we are retail we must try to replicate their movements with criteria.
In investments as in trading you have to be smart and not reason according to the emotions of FOMO or FUD but to reason in a logical and rational way, with a cool mind controlling your emotions.
This is how large investment funds act.
In addition to being they who create FOMO and FUD, because they are the ones who control the markets, not us retail.