The ETF effect.
Institutions are coming in at higher and higher prices.
That is great news.
They will be holding out for a double from here, or even more.
Here is where they have been buying:
(Source: https://twitter.com/smeet_bhatt/status/1777048771785814384/photo/1)
They bought at $60k and above.
That means once we break new highs we should have a fast move to about $120k before we start seeing them taking some profits.