Ooooh, you're a penny stock trader, you must know everything! That's sarcasm, for those of you ballsacks who are tone deaf.
People are rolling in dough right now if they sold bitcoin short. I'll admit that my attention span is impaired and I didn't read the entire OP, but whales who're holding now are also losing money. Everyone who hasn't sold their stash or gone short is. But we'll rebound after this whole stink blows over. I've no doubt of it. Penny stocks are similar but there is a pretty big difference between them and bitcoin.
LOL, that's funny.
BTC broke $2000 to the downside, and we're just getting warmed up.
Hey if they want to get it all out of the way before Aug 1st... they can be my guest.
Whales don't care too much about losing right here, they care about accumulation. The target next year is already known to them. This is small potatoes. Even if they loaded the boat here, they aren't losing money.
They will get the maximum number of coins, at a variety of prices.
It will take some more destruction to change my call..... break $1200 to the downside before Aug 1st. If they do that, it's still the same plan just accelerated (I think, and still think it will be after Aug 1st that they do this).
The kicker here is if they take it to $1200 first.... there will be a pause after Aug 1st to keep shaking people out. Scaring people isn't enough, you have to make them question.... then you can rocket it. The questioners hesitate and end up chasing the upper end. That's how it's done to retails every time.
-DE
