[Analyst: Institutions Will Push Bitcoin Into Price Discovery Phase Through Large-Scale Actions] According to a report by Golden Finance, James Lavish, managing partner of Bitcoin Opportunity Fund, stated that when institutions start purchasing Bitcoin, they won't be as price-sensitive as individual investors like you and me. They will simply review their portfolio, decide on allocation, then hand the order to traders and say 'go long' (buy in large quantities) regardless of the price. These purchases can range from as little as one million to hundreds of millions, which will enable Bitcoin to enter a new price phase with sufficient demand. 'As demand seeks volume, volume in turn seeks price—whatever that price may be,' Lavish concluded.