Here is MY theory on why we had a Bull run..
instead of the drop that all the indicators were screaming for..
XRP AIR DROP...
Everyone and their grandma got in just before the snapshot
I watched XRP rally high the last 30 minutes before the deadline
Then two minutes after the snapshot
XRP holders bailed
and BTC shot up hard and fast
I THINK THEY ALL WENT BACK INTO BTC
This caused an opportunistic global volume rise on the exchanges
With the weekend coming... most Whales and Institutions resting..
the RETAIL sector pushed the price up and up
BECAUSE OF LOW WEEKEND VOLUME
This was opportunistic...
I THINK THINK THIS TOP IS THE MOONSHOT
I think we will play near top for a bit
Complete my predicted head and shoulders
then fall to the various support levels
bounce fall bounce
Until we fill both CME areas
Then from 17100...
who knows..
instead of the drop that all the indicators were screaming for..
XRP AIR DROP...
Everyone and their grandma got in just before the snapshot
I watched XRP rally high the last 30 minutes before the deadline
Then two minutes after the snapshot
XRP holders bailed
and BTC shot up hard and fast
I THINK THEY ALL WENT BACK INTO BTC
This caused an opportunistic global volume rise on the exchanges
With the weekend coming... most Whales and Institutions resting..
the RETAIL sector pushed the price up and up
BECAUSE OF LOW WEEKEND VOLUME
This was opportunistic...
I THINK THINK THIS TOP IS THE MOONSHOT
I think we will play near top for a bit
Complete my predicted head and shoulders
then fall to the various support levels
bounce fall bounce
Until we fill both CME areas
Then from 17100...
who knows..