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ovvnyou
Mar 23, 2024 2:52 PM

XMR/BTC Long

Monero / BitcoinPoloniex

Description

Anticipating a déjà vu from Dec 2017. A glitch in the Matrix.
BTC to continue rallying, finish bleed alt/BTC pairs, then FOMO to alts.

Avoid anything that hasn't survived the test of time.
Unless you're strong enough to be a bag-holder.

Comment

That ~50% instadump on the week of Feb 5th tells me that someone wants XMR to look bad, to break the remainder of the weak hands.

I imagine this is the final stage of accumulation and when buyers outweigh sellers, the elevator will move back up. Similar to the week of Nov 1st, 2017.
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