Just running some figures...
I predicted Monero for June 2021 with 0,036
BTCNow say,
BTC is at €50k in June (quite conservative calculation) and XMR is at 0,036
BTC (quite conservative calculation) that would equal to €1800/XMR
Now if you want to be a XMR millionaire in € you would need to sell 555,555556 XMR to reach €1.000.000 in June
In that context, at the current given exchange price for XMR/
BTC looks like a heavy bargain
Well I gotta say I would love to see this but I don't believe it for a second.
But I do believe this may be a final shakeout of weak hands from a very large adversary with strong hands and we won't see those coins loosed up again for awhile if ever.
There was very low volume for a long time before a massive FUD campaign from multiple directions and then a continual dump coinciding with a expected selloff while BTC finds a new floor.
That was a perfect time for a adversary to make a large move and with the new nodes sticking around even with the price plunge we can correctly assume something big is going on.
I feel pretty comfortable holding right now and even though it looks ugly I agree there will be a massive bounce back to a new floor in a few months.
I'm just glad I am in a position right now that I can ride it out as I have the operating capitol I need and don't expect another pre alphabay moment!