I like the vibe, but this is tautology. Before "institutions entered" all Bitcoin was retail. Institutions (and soon governments) have no where else to get it from except from retail.

Question is why are people selling "so low", when we all know Bitcoin goes to infinity and beyond :D

It looks like every cycle brings a new wave of people. And every new wave of people needs to get burned by:

- making 100% "profit",

- feeling like geniuses,

- seeing how retarded they were to trade

Most people who buy Bitcoin still think this is giant ponzi scheme and can collapse any time..