OK.. so I was sure the would NOT allow a break past 19800.
Alas.. I am not a whale.
So here is what I am thinking.
Mr. Whale Billionaire called Mr. Institutional Billionaire and Institution asked for a BREAK.
Mr. Whale checked with his best metrics analysts..
they said.. listen, there is enough momentum to hit maybe 21k....
but it's no gold rush
So the whale team decided to let the bulls push if they could.. just to see where price settles
Just to gauge enthusiasm, to give the entire market some cheer.
However, this does NOT mean that the threat from the whales is over
Not to mention that BIG Mt Gox settlement that went through on the 15th
And if the creditors are desperate for cash, many might dump their Mt. Gox BTC awards.
This whole ATH can be routed... so be careful with your bets.
On the good side
my charts so far are accurate.. with the exception of the cone sizes
So I adjusted those to meet reality.
Thanks to all those who follow.
By the way...
During the bull run, I took a LATE bet at the last minute on hard-hit XRP... and made some good money.
Lesson is... sometimes alt coins don't budge until the last minute.
XRP wasn't done when the others were already done moving up.
The big winners in this BTC run were more or less any coin that was making recent gains.
The timing of movement is another story.
ETH is still stuck in 'can't budge past 630 hell'
For those of you waiting on ETH, I FEEL YOUR PAIN
Alas.. I am not a whale.
So here is what I am thinking.
Mr. Whale Billionaire called Mr. Institutional Billionaire and Institution asked for a BREAK.
Mr. Whale checked with his best metrics analysts..
they said.. listen, there is enough momentum to hit maybe 21k....
but it's no gold rush
So the whale team decided to let the bulls push if they could.. just to see where price settles
Just to gauge enthusiasm, to give the entire market some cheer.
However, this does NOT mean that the threat from the whales is over
Not to mention that BIG Mt Gox settlement that went through on the 15th
And if the creditors are desperate for cash, many might dump their Mt. Gox BTC awards.
This whole ATH can be routed... so be careful with your bets.
On the good side
my charts so far are accurate.. with the exception of the cone sizes
So I adjusted those to meet reality.
Thanks to all those who follow.
By the way...
During the bull run, I took a LATE bet at the last minute on hard-hit XRP... and made some good money.
Lesson is... sometimes alt coins don't budge until the last minute.
XRP wasn't done when the others were already done moving up.
The big winners in this BTC run were more or less any coin that was making recent gains.
The timing of movement is another story.
ETH is still stuck in 'can't budge past 630 hell'
For those of you waiting on ETH, I FEEL YOUR PAIN
