Bitcoin has already climbed up and past 3500 currently as the market remains bullish. Banks know cryptocurrency is a threat to their business because through time they havent had to fight a competitor this strong because it is built on the values that is necessary for a currency with proof of work. As I am writing this bitcoin just went past 3600. The banks can try but cryptocurrency is here to stay
RESTEEM AND UPVOTE
It's a bull trap !
Have a look at my blog "The Hype is real !", then you will know why.
I agree with you that more decline will follow as we are still in the tsunami of all the china stuff and jpmorgan, paitence is key in this game, will we see 5k again? I think so but not right now, yesterday and in future days is time to pick up cheap bitcoin at either sub 3k or at 3k level , Your post is excellent and well written upvoted and resteemed! keep up the good work!
Good news! Resteem and Upvoted
Bitcoin rollercoaster. I will never get tired of this.
Exactly I personally think the banks used their influence to drive prices lower at the right time so they could scoop up cheap coins. They realize the power that the press has. JP morgan was part of the creation of the federal reserve so i dont trust anything they say as they have been scamming the american people for a century.
market of the downfall... https://steemit.com/crypto/@stiffywalsh/a-quick-market-cap-of-the-downfall-of-currencies
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