I stand by my previous prediction for December 1st and my long term analysis of BTC for March, but I did not expect such a large over reaction from traders to the downside. This is clearly because inexperienced traders are still making the same mistakes they were making a year ago(FOMO, HODL, Bag holders, the fake BTC moon articles and any kind of pro crypto adoption from cnn fox etc). Since this over reaction with no healthy retracement upside yet, I decided to map out the support lines in the 4k-3k area of BTC, these are by no means accurate yet which is why I will not be addressing my reasoning behind them as I have not seen a completion of this movement and have not found any major patterns that make me excited.
P.S. SKIP IF YOU DON'T CARE ABOUT OPINIONS (Puts on tin foil hat) I am concerned by the mind game these hungry lambo traders are dragging all of us into because xrp news has been very bullish as of late and lots of comments pro xrp despite being a low value alt that has struggled to maintain dollar value from launch(aka scam coin), the reason this is troubling is since ETH launched its platform to be able to create alt coins easily by running smart contracts on there network which ultimately brought shame on the crypto community due to 96% of alt coins being scams in the last year and almost 800million being stolen from traders(I am aware not all coins were made on top of the ETH network but it seems I should mention it nonetheless) it seems whoever grabs the attention of the public in this upcoming year will have a major influence on our future. If xrp was to be pulled into the spotlight I would expect nothing more than passion for crypto rather than this cash grab BS we have seen time and time again(I'm not going to put examples of this down, it would take hours, besides Im sure you already can name plenty yourself). The point is I don't expect XRP to be valued at the price of ETH but I have a sneaking suspicions that they may be thrust into the public spotlight in a big way in 2019.
P.S. SKIP IF YOU DON'T CARE ABOUT OPINIONS (Puts on tin foil hat) I am concerned by the mind game these hungry lambo traders are dragging all of us into because xrp news has been very bullish as of late and lots of comments pro xrp despite being a low value alt that has struggled to maintain dollar value from launch(aka scam coin), the reason this is troubling is since ETH launched its platform to be able to create alt coins easily by running smart contracts on there network which ultimately brought shame on the crypto community due to 96% of alt coins being scams in the last year and almost 800million being stolen from traders(I am aware not all coins were made on top of the ETH network but it seems I should mention it nonetheless) it seems whoever grabs the attention of the public in this upcoming year will have a major influence on our future. If xrp was to be pulled into the spotlight I would expect nothing more than passion for crypto rather than this cash grab BS we have seen time and time again(I'm not going to put examples of this down, it would take hours, besides Im sure you already can name plenty yourself). The point is I don't expect XRP to be valued at the price of ETH but I have a sneaking suspicions that they may be thrust into the public spotlight in a big way in 2019.