“With more institutions and advised assets entering the space, volatility will decrease,” said David Abner, global head of business development at Gemini, a crypto exchange and custodian. “We will see more stability. Bitcoin recently established a new base around €40,000 and has now bounced above it. What I see is that more and more investors are taking a long-term view. We are seeing declining sales volumes during downturns over time, which means many are holding (or HODLing) or adding to their positions.