Whoever bought 25k btc to pump from $4k to $5k has a next move

if that was somebody with a lot of fiat but no bitcoins, they will dump, but ... if it's a group of whales working together to pump their 1 million bitcoins; they're not going to dump

but are they just going to hope that their first 100 million was enough to start the bull run or do they know that it will need something extra to break the $7k level ... you know, like 500-600 million to buy 75.000 bitcoins ... for example ...

there are whales out there and those people are not stupid ... they know that it will take more than 1 pump to force a new bull run

so ... although all the TA is telling is that a major correction is coming ...

if those whales are willing to pump a few hundred millions dollars back into the market, we might actually break $7k and go straight to $10k ... they have the cash for it

Comment:

let's add some numbers and do some calculations

what would I do if I have 1 million bitcoins and 1 billion usd dollars and the price of bitcoin is at $4k ?

I would buy 25k bitcoins for 100 million dollar and from there on keep buying until we break $8k in the hopes we reach that before I run out of cash ...

PS: I wouldn't be doing that alone either; I would have a team of experts, each with their own team and then a coordination team etc etc ... I would have at least 200 people working on this

because at $4k my 1 million bitcoins are worth 4 billion, but at $6k ... it's 6 billion ... that's worth paying a huge fucking team ...

and now we can run that assumption again, but then with a group of whales that are all together worth somewhere between the 3 to 5 million bitcoins and they have more than billions of cash at hand, they also have hundreds of millions revenue streams and thousands of contacts to influence to make sure nobody sells until we reach $8k ... that's when we'll see a massive drop, because once they reach $8k, that should then mean $6k is the support


that such theories only work in an organic market might be the thing they failed to learn from their fake $6k bottom before ...

if they keep pumping to $8k to then let go, thinking it's safe as it will bounce off the $6k level ... I predict the most massive, spectacular drop in bitcoin history, it will be a day to remember

again ... just guessing, because my TA tells me we're to get a correction before we reach $7k, which those whales can see as well, so ... will they pump? do they have enough hundreds of millions left to break $7k and push for $8k ... I don't know

we'll know soon enough

Comment:

well, it looks like they're sticking to the plan ;-)