hi TS,

I agreed with you.

If there is no sell no drop, there is no actual profit for the institution holders, they have to sell at some point to cash out the huge profit.

When you seeing all the peoples here shouting BTC up up up, then you know, this is the time to start selling the btc.

Once they dump the market, pocket the huge profit, market collapse, then they come back again using the profit to buy much more btc from those peoples that selling in the collapsed market = multiple profit for the big players. This is the way they made money.

I don't think any fiat backed by gold.

Gold prices are denominated in fiat prices, though (and so is BTC, for that matter), considering that fiat is, for better or worse, the main medium of payment globally.