$20,000 BITCOIN Before October - Save the Date!
Bitcoin is about to surprise many people. We are about to take off to retest the ATH at $20K before END of September! With Bakkt launching on Sept 23 we all know what this means to crypto.
I am expecting a huge P&D. You first create liquidity and they dump right after. Consider 18 months of OTC purchases for the past from institutional investors, they got to show some return on investment to attract more money - They didn't get paid in 2018, most crypto hedge funds shutdown at a loss. They will create massive FOMO and liquidity and short the living hell of Bitcoin to buy back at $3k range.
Altseason will be trigger immediately after this dump. Many of you might think this is a pipe dream but I believe this has been the plan all along. They will pump Alts to new ATH and crash that market as well. After this Alts Dump, see a massive decline sideways until XMAS pump and a rush back to more BTC accumulation through May is my expectation.
If I am right, and BTC pumps to a new ATH, alts shall rally harder than ever. This is your opportunity to accumulate as much BTC as you can. The Altcoin market will drag post Altseason 2019 until end of 2020. This will be the last major Alts pump until we have full fledge regulations. BTC maximalists are trying and doing everything they can to kill alts for the past 15 months, this is a long game & now institutional investors wants to tame volatility to attract more money and hedge for the next global crisis with Cryptos.
My take is that, they are indeed pushing for an alts cleanse, however I believe they will manage to kill all the non sensical projects over the next 12 months and drive this market to the trillions of dollars that SEC chairman said we could reach by end of 2020 of 20 Trillion Dollars.
I hope they succeed and we can focus on the real Gems moving forward.
Distraction is the reason why crypto have not gone mainstream just yet. We need about 100 good projects solving real world problems. No more!
Good luck & let's see how this call plays out.
Happy trading & stay Safu!
I am expecting a huge P&D. You first create liquidity and they dump right after. Consider 18 months of OTC purchases for the past from institutional investors, they got to show some return on investment to attract more money - They didn't get paid in 2018, most crypto hedge funds shutdown at a loss. They will create massive FOMO and liquidity and short the living hell of Bitcoin to buy back at $3k range.
Altseason will be trigger immediately after this dump. Many of you might think this is a pipe dream but I believe this has been the plan all along. They will pump Alts to new ATH and crash that market as well. After this Alts Dump, see a massive decline sideways until XMAS pump and a rush back to more BTC accumulation through May is my expectation.
If I am right, and BTC pumps to a new ATH, alts shall rally harder than ever. This is your opportunity to accumulate as much BTC as you can. The Altcoin market will drag post Altseason 2019 until end of 2020. This will be the last major Alts pump until we have full fledge regulations. BTC maximalists are trying and doing everything they can to kill alts for the past 15 months, this is a long game & now institutional investors wants to tame volatility to attract more money and hedge for the next global crisis with Cryptos.
My take is that, they are indeed pushing for an alts cleanse, however I believe they will manage to kill all the non sensical projects over the next 12 months and drive this market to the trillions of dollars that SEC chairman said we could reach by end of 2020 of 20 Trillion Dollars.
I hope they succeed and we can focus on the real Gems moving forward.
Distraction is the reason why crypto have not gone mainstream just yet. We need about 100 good projects solving real world problems. No more!
Good luck & let's see how this call plays out.
Happy trading & stay Safu!
