BULLS HOPIUM FRACTAL PROVED WRONG- READ TILL THE END.
Bulls seem to be getting almost too high on eoy 100k hopium because of the summer 2021 accumulation fractal that looks exactly the same as the current range formation. Today I will explain to you how the large institutions will make money of you if you go long. As you know trading securities is a zero sum game. for every buyer there is a seller, for every loser, there is a winner. For a large institution to be the winner they have to manipulate you into thinking a certain way and acting upon it.
Currently they are manipulating you to think that we are in a similar period of wyckoff accumulation as we were in summer 2021, when as a matter of fact we are in distribution. It takes 93 million dollars to move bitcoin 1 percent according to bank of america study, it takes $1.5 billion to move bitcoin in the range of 45k-52k, one whale institution has that kind of money, it's pocket change, check mark here.
Logically speaking a bunch of average joes couldn't have gathered together and decided to buy buy buy bitcoin and then sell sell sell bitcoin the same pattern way as the summer's accumulation, this coincidence of a large pattern repeating itself is almost too good to be true. So here is a mind boggling possibility, what if a whale decided that its institution is going to concoct a plan to fool the public by artificially moving the price the same way as it did move during last accumulation, so that people can reference the past pattern to know that this is the bottom and when to buy and when to sell in that range. Now people will supposedly buy the dip because they reference a spot from the dip in summer and that's where the whale will sell, and the whale will also sell after a period of buy buy buy when price reached the top of the range.
To prove that it actually is not an accumulation is simple. why would a whale copy the summer pattern and notify everybody of the upcoming tops and the upcoming bottoms, they wouldn't want anybody cocblocking their accumulation at the bottom of the range, if people knew the dips ahead of the time it would add unnecessary buying pressure and be counterproductive to the institutional plan. Fine, but how do we know this pattern is artificial at all, well, if you open a 1 hr chart and zoom in you will notice how some movements seem awfully too much stronger than others, the ones with large candle bodies on the current range seem forced if this is supposedly the dip why the selling here, and why they buying here? something doesn't make sense when you think of it in the sense of accumaltion, but when you look at it from a viewpoint of manipulation it's easy to see that once a couple youtubers have noticed the pattern copying itself, it takes one stupid bitboy crypto or cryptorus to feed their audience the narrative of "This is the bottom because it looks the same". But slowly exhausting and continuing its manipulation the whale will be completely finished with distribution and then it will need to set in motion a second step to its plan, dumping the price far down so it can re accumulate.
But the work has already been done, worthless options expiry at max pain push prices plunging even further, hodler will power slowly breaking down as they watch their stimulus checks crash and burn as they sell, stop losses cascading down, noobs panicking, spoofing. Add 1 + 1 and you got one big ass red candlestick and boulevard of broken dreams. #BTCto30k
Currently they are manipulating you to think that we are in a similar period of wyckoff accumulation as we were in summer 2021, when as a matter of fact we are in distribution. It takes 93 million dollars to move bitcoin 1 percent according to bank of america study, it takes $1.5 billion to move bitcoin in the range of 45k-52k, one whale institution has that kind of money, it's pocket change, check mark here.
Logically speaking a bunch of average joes couldn't have gathered together and decided to buy buy buy bitcoin and then sell sell sell bitcoin the same pattern way as the summer's accumulation, this coincidence of a large pattern repeating itself is almost too good to be true. So here is a mind boggling possibility, what if a whale decided that its institution is going to concoct a plan to fool the public by artificially moving the price the same way as it did move during last accumulation, so that people can reference the past pattern to know that this is the bottom and when to buy and when to sell in that range. Now people will supposedly buy the dip because they reference a spot from the dip in summer and that's where the whale will sell, and the whale will also sell after a period of buy buy buy when price reached the top of the range.
To prove that it actually is not an accumulation is simple. why would a whale copy the summer pattern and notify everybody of the upcoming tops and the upcoming bottoms, they wouldn't want anybody cocblocking their accumulation at the bottom of the range, if people knew the dips ahead of the time it would add unnecessary buying pressure and be counterproductive to the institutional plan. Fine, but how do we know this pattern is artificial at all, well, if you open a 1 hr chart and zoom in you will notice how some movements seem awfully too much stronger than others, the ones with large candle bodies on the current range seem forced if this is supposedly the dip why the selling here, and why they buying here? something doesn't make sense when you think of it in the sense of accumaltion, but when you look at it from a viewpoint of manipulation it's easy to see that once a couple youtubers have noticed the pattern copying itself, it takes one stupid bitboy crypto or cryptorus to feed their audience the narrative of "This is the bottom because it looks the same". But slowly exhausting and continuing its manipulation the whale will be completely finished with distribution and then it will need to set in motion a second step to its plan, dumping the price far down so it can re accumulate.
But the work has already been done, worthless options expiry at max pain push prices plunging even further, hodler will power slowly breaking down as they watch their stimulus checks crash and burn as they sell, stop losses cascading down, noobs panicking, spoofing. Add 1 + 1 and you got one big ass red candlestick and boulevard of broken dreams. #BTCto30k
Comment:
Manipulation of the public at its finest, I applaud whales, they are genius, but i fiugred them out, whales are going to dump the price 100 million percent no exceptions.