Herd Immunity Against Bitcoin? Analysts Claim Bitcoin 'Virus' Has Peaked

"As more of the population become asset holders, the share of the population available to become new buyers - the potential 'host' population - falls, while the share of the population that are potential sellers increases. Eventually, this leads to a plateauing of prices, and progressively, as random shocks to the larger supply population push up the ratio of sellers to buyers, prices begin to fall. That induces speculative selling pressure as price declines are projected forward exponentially."

According to the analysis, first word-of-mouth about soaring asset prices spreads investment susceptibility like a fever, yet now that awareness of cryptocurrencies is almost universal in developed economies, the analysts claim the optimal moment for "Secondary infections" is probably over.

As Cointelegraph reported yesterday, Bitcoin is currently stuck in a downtrend trend, trading at $6,846 to press time, with other altcoins' recovery attempts stalling as well.

As of press time, today has seen some very tiny fluctuations towards better health in market cap among the top ten coins, but the markets are hardly blooming.

Many analysts have a different outlook to the Barclays stenographers, suggesting that significant capital from institutional investors will come flooding in exactly because the "The speculative froth phase" of the crypto space is over.

Yesterday, April 9, Cointelegraph reported on a decidedly healthy diagnosis for Bitcoin from Hong Kong, and earlier this week news broke of planned investment in cryptocurrencies from major institutional firms Soros Fund Management and Rockefeller's Venrock.