WyckoffMode

SEE the value of the TRADE; not the perceived value of a coin.

WyckoffMode Updated   
POLONIEX:XMRBTC   Monero / Bitcoin
11
I've got a prediction here I want to post ONLY to see how it plays out. I know some think I'm putting my reputation on the line by saying what I'm about to say. I don't see it that way. I simply have a theory and want to see how it plays out.

Some say the price of XMR will go to $20 to $22 USD in the very near future. That's fine and dandy. However, what do you suppose the value of BTC will be in the very near future? I believe it's going higher. If BTC increases in value in US Dollars, that means the value of XMR in BTC will decrease. So, if XMR went to $20 to $22 US Dollars, it's quite possible BTC also increased in value. Which made the value of XMR not increase as much in value in BTC. .
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Copying and pasting to un scrunch:

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I can show you SEVERAL times in history with other coins that MOST EVERY TIME we have a DOUBLE BREAKOUT, it results in a DOUBLE THROWBACK WITH A MARKUP.
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WHY? Cause a DOUBLE BREAKOUT is a DAMN GOOD INDIACTION we are OVER BOUGHT.

Just saying...
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SEE THE VALUE IN THE TRADE

NOT THE PERCEIVED VALUE OF A COIN
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WHY THE MARKUP?

XMR is STILL in a bull market FOR THE LONG TERM. It will be an excellent opportunity for Composite Man to take more profits after the markup.

THEN, he will begin his cycle of accumulation once again.

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