Looks like JP took a chance with this prediction trying to slow down bitcoin and bitcoin showed JP the middle finger. Not literally of course.
Banksters are getting desperate watching bitcoin do its thing. I bet their trading desk went short before the article was published. I hope it was a leveraged short that just got liquidated.
No love for banks here.
News like that matter only to traders. If you're the average Joe who DCA, or you're a long time hodler who saw 16k and below, you don't care. So who are they trying to scare away? Institutions don't read JP reports.
maybe, they just want to create some fud to big stakeholders or big companies but i don't think they have such influence to those big ones because they have their own assessments on this market.