CryptoBitShow

Macro View For TEZOS $XTZ - After a retest of the all-time low

Long
HITBTC:XTZBTC   Tezos / Bitcoin
My original assumption that HitBTC data was a good indicator of where Tezos should go was validated. It is clear to me now that this market is in fact taking into account the IOU trading patterns. The validation was finally presented once we took a nose dive and bounce right off of the initial IOU all time low back in 2017.

I am feeling extremely bullish on TEZOS, since reading the tweet from Elevated Returns Investment, President, Stepahne De Baets confirming having filed the STO paperwork to launch the so awaited $1 billion dollar real estate security tokenization on Tezos. He said and I quote "paperwork is filed, now only pending on Thailands authorities approval". "It will launch before EOY."

This is no joke ladies & gentlemen. We are going to take off and long be hold, Bakkt kicks off on September 23, with coinbase holding most of all the custody funds lol! BOOM!

This will be a walk in the park for Tezos, no brainer of an investment through Coinbase Custody. Most people in crypto will by taken by surprise when the price pops! It will be a huge spike due to low circulating supply and high demand be institutional investors. They want a project that is highly decentralized, immutable and that has money to keep on going! Tezos has $650m in reserves, huge STOS deals worth over $2b this year alone and the biggest custodian support with over 460 nodes. BANG BANG BANG! SAY NO MORE!

Finally, I like to reiterate once again that since confirming Tezos is indeed following the old IOU HITBTC pattern. I charted my targets on a larger timeframe, as it pointless to look at any other timeframe, 3 days. I expect October to be our biggest move to date setting the tone for the FOMO to come.

Follow the money! These targets will get blasted through soon or later.

Happy trading and cheers.

Comments

What price equivalent do you see in XTZ/USD?
Reply
@zwa2, 10x from here by December is very conservative. I think we can get there much sooner. October major alts will get a huge push.
+2 Reply
What an update! Way to keep your followers abreast of much anticipated and super exciting news! And as always, appreciate the charting!
Reply
CryptoBitShow BlockchainFaith
@BlockchainFaith, Cheers and thank you for the support. Let's keep on pressing, Tezos time will come, just a matter of time!

Happy trading!
+1 Reply
zwa2 CryptoBitShow
@CryptoBitShow, Are you currently baking XTZ. I have been wondering about that considering the network inflation?
Reply
@zwa2, I am, but I have a swing position ready to fire for short term gains.
Reply
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