The whales are gonna maximize of what liquidity is left to create a fireball rolling down the hill. Take it as high as possible to 7300 get people bullish flip long to short and then short it to 5800 or 5900 to make a broadening wedge and then rocket ship up to 7k as peopel think were are going to the moon while they fill their shorts and take us for a deadcat to 5.8k to 6.2k and then tank us to 4,8k which will have a bounce to retest the broken support of 6k. We will then crash land at our final destination at 3.6 to 4k. If enough fud comes out worst case scenario 2600.
Look at the highest liquidity areas on the vpvr on the daily and weekly to validate my reason ": ITS ALL ABOUT MAKING AS MUCH MONEY AS POSSIBLE" Theory for these whales. Liqudate as many people as possible up and down and accumulate to take the market wherever they want.
2600 is the 88 percent retracement if you use the 2015 low 3800 is the 88 percent retracement if you use the 2017 break out of the old ath.
I dont think 2600 will happen. Too many people will get greedy and try to short to 3k. Whales will use the peak liquidity of shorts to nuke them and fill their bags with btc in the mid 3ks. . the .236 fib was the support of the descending triangle of this past yr.
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long to 7300. well gonna clsoe b4 that and clip short 7200ish. Cnbc will make a good call and then for a third time will make a good call and thats when the whales pull the rug
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i missed up the lines. itll carry out next 4 days
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the beginning of it...prolly takes 7 to ten more days to carry out
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I dont know the time line, but it looks to me that they are buildling a ramp to propel the price to make a higher high above 7400 only to crash it. My guess that when ripple is a dollar bitcoin will embark on its journey to a higher high only to crash. Whales may appear to be pumping the price to sucker in longs to fill their shorts and liquidate shorts
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WHATS EXACTLY ON MY NEWER POST IS WHATS GONNA HAPPEN