Yes, Bitcoin bounced three times off that moving average, and I figured that would trigger a lot of technical analysis minded buy orders among whales who have been circling a bleeding Bitcoin like sharks.

Although institutional investors have yet to get the go-ahead to jump in, I am pretty sure a gathering storm of smart-money Crypto-uninvested institutionally-minded individual whales have been lurking about, circling, and I think their number is only growing with time.

Being institutionally minded, I think Bitcoin is benefiting the most because it is one of the only Bluechip type investments, in that it's Brand is as golden as the arches, and it's scarcity is even less than 21 million, with many private keys from it's early days forgotten.