Are Institutions Dragging Price Down Before Bakkt Launches?
(Edited)
Anthony says "...I strongly fear the institutions will pull Bitcoin price down lower. They want cheaper BTC".
Here's my response!
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@louisthomas, The game of Domination is everywhere and in my opinion when something good try to rise then there are aspects which rise to suppress it. Let's hope that we all will win. Stay blessed.
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That is one interesting part of this blockchain nobody wants to be on the losing side. Nice idea shared on this @louisthomas
@louisthomas I really like your thought been shared on this keep up the good work mate.
In my opinion guys like us, I mean the little guys like you called it rightly plays important roles in these huge projects, this is because projects as huge aren't gonna just flourish with just the biggest buyers or believers. At the end of the day a project is only as successful as people who buy into it. And as for the prices, there are so many Influence and factor included institutions included.
Each one manages his own point of view, before a market that is always changing and unpredictable, it is good to be aware of the changes, a hug, good post :3
@louisthomas That is one good perspective about the recent price dump. There is a serious possibility for that. Because the price action took place around the time when bakkt made a announcement on the bakkt warehouse.
Lets wait and watch
Of course there are certain party interests behind the falling price of bitcoin. I think this can be happen
I have started to come to the same conclusion. The consistent selling every rally only makes sense to me if someone(s) big are trying to keep the price down. Weak hands sold a month ago.
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