BTC WOUND UP BREAK OUT LIKELY?!?! JUST AN IDEA
As we can see the macd shows a new price movement is coming or almost upon us. I believe it should be a kick to upside because of the way everyone's so negative and we have seen this time and time again recently as we "range." One day BTC is at 9200's then drops 9000's and the technicals show a big drop overdue on higher timeframes... Then we sit before the drop for a day and a half or a little less. Then what do you see? A BIG OLE PUMP to low 10k or high 9k. Also if you do believe the price is being suppressed (which I do) there's only so much manipulation to keep the price down to 9k-10k that its very costly to do or potentially risky for large portions of time. I know it sounds confusing but imagine it like this:
A HUGE WHALE OR *COUGH COUGH* WALL STREET GANG sees BTC is well above 10k and they don't want the bull run to start yet...
First cash out all BTC on pump to USDT
2. Then let price drop a bit. . . Then pump alt coins while BTC "ranges" (its not ranging its called wall street reloading their bags for as long as they can before they can no longer contain retail fomo)
TRADE VIEW MIND SET : (MEANWHILE CHECK DATES PEOPLE START TO CALL FOR BTC SHORTS TRADES AND SAYS ITS COMING DOWN...)
3. This cause people to think BTC will fall and ALTS ARE HOT right now. People begin to cash out their btc causing retail money to FOLLOW to alts. By the time retail money moves. . . Wall Street or Big Whale money is already in ALTS moved from all the cashed out BTC.
4. NEXT WHALES or Wall Street is cashing out of ALTS and slowly buying the big dips back in BTC but not to fast to cause a big wick.
5. ALTS now will have pull backs after retail fomo and price control fails. HOWEVER alts will gain in price over time and have a good portion of those gains hold after the dump meaning say it pumps 50% - 100%. Then when it dumps it will keep 35% to 55% of the new price value.
(LITTLE DO PEOPLE KNOW MOST OF THESE WHALES ARE LONG TERM HOLDERS OF ALT COINS AND ALSO TRADE THEM WHILE HOLDING, HERE ME OUT... THE REASON WHY IS BECAUSE OF THIS CYCLE AND THE END OF #5 ANSWER. SAY ITS A DEFI COIN, A SAFE BET KNOWING IT SHOULD DO WELL DURING BULL RUN OR HAVE GOOD PRICE INCREASE OVER THE NEXT RALLY. THEY HAVE TWO BITES OF THE APPLE AND IT BENEFITS THEM ON BOTH BTC AND ALT HOLDINGS TO DO THIS. KNOWING THAT THEIR ALTS BOUGHT CHEAPLY WILL GROW AND ALSO THE ALTS HE BOUGHT WHEN HE DUMPED THE BTC WILL GROW IN VALUE AS WELL DUE TO HIS PUMP AND RETAIN SOME OF THE PRICE FOR WHEN HE DECIDES TO DUMP HIS ALT BAGS IN THE FUTURE.)
6. THIS IS A DIRTY WAY TO MAKE MONEY AND TO SUPPRESS BTC PRICE AND I BELIEVE IT HAPPENS EVERY BULL RUN AND I BLIEVE IT EXPLAINS WHY RANGING HAPPENS EVERY TIME FOR SO LONG... The reason why they are able to pull this off is because, we are all sitting here waiting for the next bull run and we know once we pass 11.5k, 12.5k, and 13.5k THE CATS OUT OF THE BAG!!! SO WHY NOT TAKE ADVANTAGE...???
JUST A THOUGHT,
ARU of PATRIOT CRYPTO
A HUGE WHALE OR *COUGH COUGH* WALL STREET GANG sees BTC is well above 10k and they don't want the bull run to start yet...
First cash out all BTC on pump to USDT
2. Then let price drop a bit. . . Then pump alt coins while BTC "ranges" (its not ranging its called wall street reloading their bags for as long as they can before they can no longer contain retail fomo)
TRADE VIEW MIND SET : (MEANWHILE CHECK DATES PEOPLE START TO CALL FOR BTC SHORTS TRADES AND SAYS ITS COMING DOWN...)
3. This cause people to think BTC will fall and ALTS ARE HOT right now. People begin to cash out their btc causing retail money to FOLLOW to alts. By the time retail money moves. . . Wall Street or Big Whale money is already in ALTS moved from all the cashed out BTC.
4. NEXT WHALES or Wall Street is cashing out of ALTS and slowly buying the big dips back in BTC but not to fast to cause a big wick.
5. ALTS now will have pull backs after retail fomo and price control fails. HOWEVER alts will gain in price over time and have a good portion of those gains hold after the dump meaning say it pumps 50% - 100%. Then when it dumps it will keep 35% to 55% of the new price value.
(LITTLE DO PEOPLE KNOW MOST OF THESE WHALES ARE LONG TERM HOLDERS OF ALT COINS AND ALSO TRADE THEM WHILE HOLDING, HERE ME OUT... THE REASON WHY IS BECAUSE OF THIS CYCLE AND THE END OF #5 ANSWER. SAY ITS A DEFI COIN, A SAFE BET KNOWING IT SHOULD DO WELL DURING BULL RUN OR HAVE GOOD PRICE INCREASE OVER THE NEXT RALLY. THEY HAVE TWO BITES OF THE APPLE AND IT BENEFITS THEM ON BOTH BTC AND ALT HOLDINGS TO DO THIS. KNOWING THAT THEIR ALTS BOUGHT CHEAPLY WILL GROW AND ALSO THE ALTS HE BOUGHT WHEN HE DUMPED THE BTC WILL GROW IN VALUE AS WELL DUE TO HIS PUMP AND RETAIN SOME OF THE PRICE FOR WHEN HE DECIDES TO DUMP HIS ALT BAGS IN THE FUTURE.)
6. THIS IS A DIRTY WAY TO MAKE MONEY AND TO SUPPRESS BTC PRICE AND I BELIEVE IT HAPPENS EVERY BULL RUN AND I BLIEVE IT EXPLAINS WHY RANGING HAPPENS EVERY TIME FOR SO LONG... The reason why they are able to pull this off is because, we are all sitting here waiting for the next bull run and we know once we pass 11.5k, 12.5k, and 13.5k THE CATS OUT OF THE BAG!!! SO WHY NOT TAKE ADVANTAGE...???
JUST A THOUGHT,
ARU of PATRIOT CRYPTO
Comment:
NAILED IT!!!