Brainstorm of #@%& Coins Versus Bitcoin NOT Technical Analysis.
This is a BRAINSTORM of what the Composite Group(s) (Market Makers) COULD be up to with "crap" coins. I'm of the opinion the remaining days of February will be used to slowly dump crap-coins for bitcoin. Meaning, Crap-Coin/BTC pairs will begin to slowly dump with one dead cat bounce after another in anticipation of one last big push in March for BTCUSD to run up just before it begins to slowly dump approximately a month before the block halving. ALT-COIN SEASON HAS "NOT" BEGUN JUST YET. My opinion of course...
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Pardon the occasional crackling noise with the audio. The microphone on this PC is terrible quality compared to the microphone I have hooked up to my Mac Pro desk top.
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One example: ICXBTC is currently dumping in my opinion... One dead cat bounce after another on the way down.
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ICXBTC (Left) ICXUSD (Center) and BTCUSD (Right)
We will begin watching IXCUSD and ICXBTC slowly fall (one dead cat bounce after another) in my opinion... and many other #%@& Coin/BTC pairs in my opinion.
We will begin watching IXCUSD and ICXBTC slowly fall (one dead cat bounce after another) in my opinion... and many other #%@& Coin/BTC pairs in my opinion.
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The following #&%@ Coins are only to name a few in regard to my OPINION they will fall in BTC VALUE one dead cat bounce after another WHILE BTC continues to INCREASE IN VALUE.
AEBTC (Left) AEUSDT (Center) BTCUSD (Right):
ENJBTC (Left) ENJUSDT (Center) BTCUSD (Right):
GNTBTC (Left) GNTUSDT (Center) BTCUSD (Right):
HCBTC (Left) HCUSDT (Center) BTCUSD (Right):
KAVABTC (Left) KAVAUSDT (Center) BTCUSD (Right):
MTLBTC (Left) MTLUSDT (Center) BTCUSD (Right):
NULSBTC (Left) NULSUSDT (Center) BTCUSD (Right):
AEBTC (Left) AEUSDT (Center) BTCUSD (Right):
ENJBTC (Left) ENJUSDT (Center) BTCUSD (Right):
GNTBTC (Left) GNTUSDT (Center) BTCUSD (Right):
HCBTC (Left) HCUSDT (Center) BTCUSD (Right):
KAVABTC (Left) KAVAUSDT (Center) BTCUSD (Right):
MTLBTC (Left) MTLUSDT (Center) BTCUSD (Right):
NULSBTC (Left) NULSUSDT (Center) BTCUSD (Right):
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Some of the examples (ABOVE) may likely come up one more time to INSPIRE HOPE that it will continue back up. HOWEVER, we will witness what will likely be a dead cat bounce to dash all hopes afterwards.
I'm NOT saying ALL #&@% Coins will dump (one dead cat bounce after another) from here on out. I'm basically saying MOST OF THEM have BEGUN their dump the remainder of February before Bitcoin begins to pump HARD in March.
They are likely keeping BTCUSD SIDEWAYS WITHIN A TIGHT TRADING RANGE FOR NOW.
WHY???
If they were to drop BTCUSD 10% just now, that means they would have to dump those #&@% Coins MORE THAN 10% in USDT value in order to dump them in BTC value.
Sooooooo, BTCUSD is LIKELY to continue out sideways within a TIGHT TRADING RANGE WITHOUT DROPPING MUCH AT ALL "WHILE" they continue to drop #&@% Coins Slowly in USDT value and in turn accumulate more bitcoin by selling those #&@% Coins for Bitcoin.
It's POSSIBLE we see a QUICK SHAKEOUT in BTCUSD the last couple of days in February BEFORE taking it up HARD in March... Just to shakeout weak hands before taking it up. Many will have their hopes dashed to the ground already with #&@% Coins having dumped quite a bit by the end of February... THEN to see BTCUSD all of a sudden take a quick falling knife would scare the hell out of weak hands and they sell the bottom JUST BEFORE they take it up. So, THAT IS POSSIBLE for one last QUICK shakeout for Bitcoin the last couple of days in February or first week of March before they take it up HARD in March.
REMINDER: BTCUSD likely to go SIDEWAYS "FOR NOW" within a tight trading range WHILE they drop ALT-COIN/USDT pairs in order to drop ALT-COIN/BTC pairs to accumulate more Bitcoin AND to accumulate more USDT to help them pump Bitcoin HARD in march... It's called DISTRIBUTION.
I'm NOT saying ALL #&@% Coins will dump (one dead cat bounce after another) from here on out. I'm basically saying MOST OF THEM have BEGUN their dump the remainder of February before Bitcoin begins to pump HARD in March.
They are likely keeping BTCUSD SIDEWAYS WITHIN A TIGHT TRADING RANGE FOR NOW.
WHY???
If they were to drop BTCUSD 10% just now, that means they would have to dump those #&@% Coins MORE THAN 10% in USDT value in order to dump them in BTC value.
Sooooooo, BTCUSD is LIKELY to continue out sideways within a TIGHT TRADING RANGE WITHOUT DROPPING MUCH AT ALL "WHILE" they continue to drop #&@% Coins Slowly in USDT value and in turn accumulate more bitcoin by selling those #&@% Coins for Bitcoin.
It's POSSIBLE we see a QUICK SHAKEOUT in BTCUSD the last couple of days in February BEFORE taking it up HARD in March... Just to shakeout weak hands before taking it up. Many will have their hopes dashed to the ground already with #&@% Coins having dumped quite a bit by the end of February... THEN to see BTCUSD all of a sudden take a quick falling knife would scare the hell out of weak hands and they sell the bottom JUST BEFORE they take it up. So, THAT IS POSSIBLE for one last QUICK shakeout for Bitcoin the last couple of days in February or first week of March before they take it up HARD in March.
REMINDER: BTCUSD likely to go SIDEWAYS "FOR NOW" within a tight trading range WHILE they drop ALT-COIN/USDT pairs in order to drop ALT-COIN/BTC pairs to accumulate more Bitcoin AND to accumulate more USDT to help them pump Bitcoin HARD in march... It's called DISTRIBUTION.
