it was ALL a freaking ruse...read here:
https://coinmarketcap.com/community/post/337681411/
As I said before...market was afraid of it's own shadow and/or was manipulated by some (present company excluded).
TL;DR It will START on Oct 31 and will continue peacemeal for 3 mo. If you divide 9 bil by 90 days, it is 100 mil/day on average (0.25% of the daily volume) even if it will be all sold.
In all practicality, a non-event.
https://coinmarketcap.com/community/post/337681411/
As I said before...market was afraid of it's own shadow and/or was manipulated by some (present company excluded).
TL;DR It will START on Oct 31 and will continue peacemeal for 3 mo. If you divide 9 bil by 90 days, it is 100 mil/day on average (0.25% of the daily volume) even if it will be all sold.
In all practicality, a non-event.
Well of course it was all a ruse... after the double top, we are still in the downward "dump" phase of the PnD they started on 2/25.
The dumpage is mere technical trading, nothing more.
The bleeding won't stop until all the shorting back down is essentially complete.
IMO, we won't start to see upwards until early next year, not until the absolute dumpster fire of an upcoming presidential election has run its course.
Well if Trump wins I think we rally right after say Nov 10-15
If Trump loses to Biden,Harris,(unknown) I see a mess for quite a while.
If Trump dies (he is 78 as of June 14) say now til Sept 1. I think they will find a replacement that will lose
If Trump dies After Sept 1 and before the actual election. Not sure what will happen.
If Biden dies I think Harris will be elected
If Biden resigns I think Harris will lose.
Most likely I don't have it covered and some other shit will happen.
Maybe monster x will attack and Godzilla will try to save us.
)
