Here is how I see it. The Bull Run in 2017 was a test. A test to see how much money was needed to get the price up to certain points. It all started this time last year. They got their Data and started bleeding it dry again. But so many retail investors bought into it during the bull run, Bitcoin has settled down and is roughly 3x this time last year.(from $2500ish)
So Wall Street has been selling off their Bitcoin, and convincing that Japanese Mt. Gox Lawyer to sell those Bitcoins to Wall Street Insiders. Most over the counter as to not affect the price on the market.
Now all year long, the insiders have been accumulating. Now its finally time to lock in those profits with Bakkt. Bakkt will start offering to convert peoples 401k's and Pension funds into Bitcoin Or they just might do it without asking. idk. And all that money will be poured on top of all the insider money. So if early adopters start cashing out, it will come out of the 401k instead of the wall street insiders. Does this make sense? This will be forced adoption onto the masses I think. But then Every American with Bitcoin in their retirement fund will have a reason to buy Bitcoin. Because buying it up and holding it makes all other Bitcoin more valuable. There should be a Campaign that says, "Go buy Bitcoin so your grandparents can retire a little earlier.
And then they open it up to retail investors and people will start eating it up at $150k/per Bitcoin.
Remember, Bitcoin and Cryptos are supposed to be the free mans money. Technically, these investors on wall street are free to buy it as well. Its a voluntary money. You are allowed to leave anytime you want if it collides with your morals.
Congratulations @crypto-vagabond! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!