Whales are accumulating. The miners dump. I don't rule out a miner dump but in this environment with brisk demand that is pretty needless.
If I needed to sell 50k, it would not be hard to do. And if I needed to sell my produce, there would be no need to accumulate 50k before selling.
These are clearly evident in the recent days when lows have been rising quicker than the highs.
There will always be a whale dump to accumulate lower. You know this. Sometimes it will even cause panic selling. Wait didn't we just go through one of those?
The slope of the retracements is getting more and more gentle with every rise though.
Very True. Chances are getting more and more scarce. What do you think they will try next? The BCX Fud Campain was a nice first salvo last time to make before the move.