Visser Sees Strong Market Movement Ahead for Bitcoin

Jordi Visser, an investor known for his optimistic views on Bitcoin, believes that a strong market movement could occur in the last quarter of the year. According to Visser, surpassing $82,000 would confirm the bull trend.

The analyst points out that large fund managers and capital allocation decision-makers typically make their most critical portfolio decisions for the following year in the final quarter, particularly in the last two months.

Visser notes that institutional investors are already increasing their research into crypto assets, which could create a new source of demand for the market. He also believes that the shift on the institutional side should be considered in conjunction with the Fear of Missing Out (FOMO) emerging on Wall Street.

The investor highlights the potential rotation of capital from AI investments to cryptocurrencies, recalling his previous statement that gains from AI stocks could eventually return to Bitcoin.