Bitcoin Institutional Demand Can't Support $30K Valuation: Guggenheim's Minerd

The video discusses the role of crypto assets, focusing on Bitcoin's valuation and market trends. It highlights the potential for Bitcoin to reach high valuations, but notes the current lack of institutional demand to support such prices. The discussion also touches on the market cap and investor base needed for Bitcoin's long-term viability.

Discuss the potential future price of Bitcoin based on technical analysis mentioned in the text.

What challenges does Bitcoin face in achieving a valuation of $30,000 or $35,000?