Bitcoin (BTC) may soon be out of reach for regular investors, warns a popular cryptocurrency trader. He compares the virtual currency's potential trajectory to Berkshire Hathaway stock, which is currently out of reach for most retail investors. This analyst believes that Bitcoin's adoption by Wall Street could drive up prices, making it even more expensive for individual investors, similar to Berkshire Hathaway's Class A shares, currently trading at $554,318.
One BTC enthusiast stated that this cryptocurrency may soon become unavailable to retail investors, as is the case with Berkshire Hathaway shares
A growing barrier to entry into the BTC market
In his analysis, the renowned trader suggests that Wall Street plans to insulate the masses from Bitcoin, similar to what was previously done with Berkshire Hathaway stock. Institutions that were once critical of this cryptocurrency are now starting to become interested in it, which may result in an increase in its price.
A popular analyst claims that Wall Street may launch an âattackâ by driving up Bitcoin prices to put it out of reach for retail investors. As institutional investors prepare to enter the market, BTC prices are rising, and the above-mentioned expert expects further gains after the green light for spot bitcoin ETFs issued by the SEC.
Due to a potential spike in Bitcoin prices, this trader suggests that investing in the cryptocurrency at current rates could be a good strategy if one is striving to achieve financial freedom. However, he notes that rising prices may create a barrier for regular users, making it difficult for them to gain exposure to BTC.
At the time of writing, the leading virtual currency is trading above the 46.5k line. hole. for a coin. Over the last 24 hours, its value increased by nearly 6%.
