Institutions and Banks would want to end this bull run at $66K per BTC

[DashingAgent]

Institutions and Banks would want to end this bull run at $66K per BTC

Institutions and Banks would want to end this bull run at $66K per BTC considering 2017 wave which was ended at Dec 2018, before the last bull cycle, 1 Bitcoin was worth around $1,000 and on Dec 4 2018 it was worth around $3,255. In the last bull cycle, bitcoin had surged 20x but in the past the economy of many countries was not weaken as it is now, it was even very difficult for people who bought bitcoin at $20K to hold it, according to the data I found on internet, there were around 80% of Chinese who bought bitcoin at $20K and could never sell but if we look at the current China economic condition, it is still powerful and sustainable, but in the countries like Europe and US, the current economic condition is not good, people would not afford to hold bitcoins at the current situation due to weak economy, If I am not wrong, Bitcoin will go upto 20x if we take all time low $3255 on Dec 2018, 20x is around $65100 but I may be wrong too.

[dunfida]

It would be better if you do post up that link on where you do able to read up on the thing youve been mentioning on here. 20x isnt a precise number for us to presume that it would go into similar run for this year.

$66k? We are even halfway there and you cant be sure if those Chinese people do held up and bought bitcoin in 20k.When it comes to huge sell then this wont just particularly
talks into those certain individuals but also in most institutions out there.
Bull run peak isnt known yet thats why saying or presuming numbers specially its way too high is really hard to believe on.

[logfiles]

Your title is totally different from our post. It's more like a  clickbait.
You  haven't talked how and why the banks and institutions want to end the bull ran at $66K

[DashingAgent]

Due to weak economy, institution and bank will first see the current economic situation. It is not possible that institutions and banks can bear the loss.

Your title is totally different from our post. It's more like a  clickbait.
You  haven't talked how and why the banks and institutions want to end the bull ran at $66K

[cryptoaddictchie]

Your title is totally different from our post. It's more like a  clickbait.
You  haven't talked how and why the banks and institutions want to end the bull ran at $66K

Thats right. But I assume he said it will end on $66k is due to current price now at least doubling the marketcap by 100% from where we are sitting since most new players are probably enter at this price level. I'm quite regretting not holding nay bitcoin at the moment but it's fine, I'm pretty well ready in any case of a dump.

Most of my holdings are altcoins and if ever bitcoin reaches 66k hope it can drag the Altcoin price too.

[TravelMug]

Your title is totally different from our post. It's more like a  clickbait.
You  haven't talked how and why the banks and institutions want to end the bull ran at $66K

Thats right. But I assume he said it will end on $66k is due to current price now at least doubling the marketcap by 100% from where we are sitting since most new players are probably enter at this price level. I'm quite regretting not holding nay bitcoin at the moment but it's fine, I'm pretty well ready in any case of a dump.

Most of my holdings are altcoins and if ever bitcoin reaches 66k hope it can drag the Altcoin price too.

Probably the question is why will institutions and how they can end it at $66k?

Anyhow, we all know that sooner or later we will have a correction, but I don't think it will be controlled by some entity because the market is now very big that it is hard to manipulate as compare to the bull run of 2017. And I think that we are not yet in the bull run comparable to 2017, this is just the beginning so the price could really take off goes to 6 digits.

Well I hope too that altcoins could have that domino effect, however, bitcoin still dominates and only some top 10 altcoins are having it's own bull run, but not that superior as compare to bitcoin.