oaksacorn

Possible BTC Fractal Path & XRP Burst

Long
BITSTAMP:BTCUSD   Bitcoin
When I look at the daily, weekly and monthly momentum performance of xrpbtc (an extremely important pair given fundamental dynamics); I feel that this may be a possible fractal path pulled form December 2106. This gives rise to a high of 245k in up against the trend line from previous all time highs. This path is slower than I would like. This path reaches previous ATH in November. Fractals never exactly repeat so things could be faster with a lower forward ATH. A decisive move lower than the 91 in DXY sooner than later would lead to a faster fractal pattern. My suspicion is that this is the case (dollar pounding) and the true path will be faster than what is published. DXY may enter a phase where fundamentals and fear overpower T&A. We see this in price discovery on select occasions in history. Monthly momentum in xrpusd is poised for a burst. The aforementioned phase would speak to the possibilty of an xrp burst given monthly overriding weekly and daily. It is all up to DXY and regulators as BTC is digital gold and xrp is for all practical purposes an international currency as per current British and Japanese regulatory sentiment. Much depends on DXY for xrp to kick in for US regulation frame work to kick in. Current framework is giving the US banks time to accumulate xrp while there is percieved indecision. It remains to be seen how long this hoax can go on. Yes, you are correct. No one is truly looking out for you. Sad but true. The faster DXY drops, the faster they will move.
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