The problem with institutions is they mostly buy on secondary markets. Therefore their trading doesn't affect exchange prices. They will accumulate quietly without driving the price up. They will hold for at least a year, most likely longer. If the price continues to drop over the rest of the year, which seems like it might, that actually suits their purposes. They can stack a lot more cones at these low prices and will actually be happy if prices drop over the rest of the year, as their cone stack will be all the bigger. They are then well placed for a bull run later in 2019.

John McAfee is a bullsh*t artist and will say/shill anything for a few bucks. Don't listen to him. Whatever he is saying now has a hidden agenda. The fact that he is saying the market is due to go up soon, actually makes me think it is going down soon. Sad, but true. :(