Crypto is dead bla bla bla. Altcoins are going to zero bla bla bla.
My data is showing otherwise. Just like that it can doubled tripled quadrapled.
This is how crypto works.
Notice that during Bitcoin bull market from April to June, most of the cryptos are FLAT or down in USD term, which means that the big whales are PREVENTING them from rallying or going up. This is akin to ACCUMULATION phase.
So, they are accumulating which means the crypto is going down in BTC value.
Whales like to make a lot of money, they want to pump thing one by one, they make more by doing that.
So, notice the resistance area of about 55-60 cents during Bitcoin bull market. Somehow the magic hand just don't want to let it goes above that. And then, in the past few days, Wanchain pumped and tested that price zone. If it able to break above 60 cents on a Weekly basis that is a confirmation of an uptrend. Notice the volume also relatively high compared to historical volume.
If you know how to play this kind of game, you can make a lot of money. But most people are more focus on their emotions and not understand the data and understand how the big whales operate and make money.
This is just the beginning, once Bitcoin breaks all time high, altcoins will start doing crazy thing again and the pump will be nasty. We are still in 2015/2016 phase. Not all alts are going up, it will be ONE by ONE and most people will be buying at higher price.
There will be hidden gems that nobody knows about that will do 100-1000x. These coins are not listed on the main exchanges, it will be listed on obscure exchanges and make it way up. This is how the game works. Nothing has changed. Nothing different from penny stocks and stocks market.
Regards.
My data is showing otherwise. Just like that it can doubled tripled quadrapled.
This is how crypto works.
Notice that during Bitcoin bull market from April to June, most of the cryptos are FLAT or down in USD term, which means that the big whales are PREVENTING them from rallying or going up. This is akin to ACCUMULATION phase.
So, they are accumulating which means the crypto is going down in BTC value.
Whales like to make a lot of money, they want to pump thing one by one, they make more by doing that.
So, notice the resistance area of about 55-60 cents during Bitcoin bull market. Somehow the magic hand just don't want to let it goes above that. And then, in the past few days, Wanchain pumped and tested that price zone. If it able to break above 60 cents on a Weekly basis that is a confirmation of an uptrend. Notice the volume also relatively high compared to historical volume.
If you know how to play this kind of game, you can make a lot of money. But most people are more focus on their emotions and not understand the data and understand how the big whales operate and make money.
This is just the beginning, once Bitcoin breaks all time high, altcoins will start doing crazy thing again and the pump will be nasty. We are still in 2015/2016 phase. Not all alts are going up, it will be ONE by ONE and most people will be buying at higher price.
There will be hidden gems that nobody knows about that will do 100-1000x. These coins are not listed on the main exchanges, it will be listed on obscure exchanges and make it way up. This is how the game works. Nothing has changed. Nothing different from penny stocks and stocks market.
Regards.