TOTAL CRYPTO MARKET CAP : Dump incoming?
Let's face reality.
CZ and Binance manipulation cannot last too long. SEC incoming.
Ripple vs Sec doesn't means a lot for the Crypto enviroment. What they say about XRP Token and Ripple could develop in a more difficult restricted area.
However, we only rely on fundamentals (almost 90%). So what's next?
So, to keep it clear : Circle liquid reserve will rise by 4.5bln to about 6.5bln. Meanwhile Options expire exactly few days before the infamous FED FOMC Meeting.
THE IDEA
Now I've applied a FIB Time to Total Market Cap and it indicate 21 Jul as trigger momentum for a possibile drop. And events are all around it. Usually Crypto market shake about 3 days before events.
Circle liquidity will be injected in the Tether USDT system (usually about 1bln or 2 bln) to keep the market price up ... but who know if Total Market cap can resist.
Also we don't know how long can last the Tether USDT fraud. They stopped the printer around 83bln, exact the same level of past Crypto Drop.
So stay alert. Everything is aligned for something freaky. Usually prices pump hard in no time, and XRP is ALWAYS your RED ALERT BUTTON. When XRP price pump (without any good news, admit it) you know...it's loading.
Best part is HOW LONG can a possible Crypto Bear Market last? Fib Time say 24 Jun 2024, almost an year from now. Next BTC halving is planned for April 16 2024. Let's say the coincidence aligns.
My Total Crypto Market Cap targets are about 550bln and 320bln. If it will happen hard time for almost all Crypto retails involved will came.
Just a reminder for you : IF Bitcoin will stay at 50% dominance and IF Crypto Market Cap will reach 50% of actual value, this means next Bitcoin price will be AGAIN around 16K... otherwise if our target is 320bln, you know 1/4 means (25%) Bitcoin price at 7750$, where all is started (if Bitcoin keep the dominance at 50%)
Not Financial Advice. Only idea about what can happen and how.
CZ and Binance manipulation cannot last too long. SEC incoming.
Ripple vs Sec doesn't means a lot for the Crypto enviroment. What they say about XRP Token and Ripple could develop in a more difficult restricted area.
However, we only rely on fundamentals (almost 90%). So what's next?
- 18 Jul : Circle add to reserve 500mln$ from Tbill maturity
- 20 Jul : Circle add to reserve 1.5bln$ from Tbill maturity
- 20-21 Jul : Options trading Stop and Expire
- 25 Jul : Circle add to reserve 2.5bln$ from Tbill maturity
- 25-26 Jul : FED FOMC. Interest rate hike +.25 (highly chance). Just remember they need House market collapse, because it influence from 30% to 50% the inflation problems
So, to keep it clear : Circle liquid reserve will rise by 4.5bln to about 6.5bln. Meanwhile Options expire exactly few days before the infamous FED FOMC Meeting.
THE IDEA
Now I've applied a FIB Time to Total Market Cap and it indicate 21 Jul as trigger momentum for a possibile drop. And events are all around it. Usually Crypto market shake about 3 days before events.
Circle liquidity will be injected in the Tether USDT system (usually about 1bln or 2 bln) to keep the market price up ... but who know if Total Market cap can resist.
Also we don't know how long can last the Tether USDT fraud. They stopped the printer around 83bln, exact the same level of past Crypto Drop.
So stay alert. Everything is aligned for something freaky. Usually prices pump hard in no time, and XRP is ALWAYS your RED ALERT BUTTON. When XRP price pump (without any good news, admit it) you know...it's loading.
Best part is HOW LONG can a possible Crypto Bear Market last? Fib Time say 24 Jun 2024, almost an year from now. Next BTC halving is planned for April 16 2024. Let's say the coincidence aligns.
My Total Crypto Market Cap targets are about 550bln and 320bln. If it will happen hard time for almost all Crypto retails involved will came.
Just a reminder for you : IF Bitcoin will stay at 50% dominance and IF Crypto Market Cap will reach 50% of actual value, this means next Bitcoin price will be AGAIN around 16K... otherwise if our target is 320bln, you know 1/4 means (25%) Bitcoin price at 7750$, where all is started (if Bitcoin keep the dominance at 50%)
Not Financial Advice. Only idea about what can happen and how.