Bitcoin
Long
Updated

Whoever bought 25k btc to pump from $4k to $5k has a next move

409
if that was somebody with a lot of fiat but no bitcoins, they will dump, but ... if it's a group of whales working together to pump their 1 million bitcoins; they're not going to dump

but are they just going to hope that their first 100 million was enough to start the bull run or do they know that it will need something extra to break the 7k level ... you know, like 500-600 million to buy 75.000 bitcoins ... for example ...

there are whales out there and those people are not stupid ... they know that it will take more than 1 pump to force a new bull run

so ... although all the TA is telling is that a major correction is coming ...

if those whales are willing to pump a few hundred millions dollars back into the market, we might actually break 7k and go straight to 10k ... they have the cash for it


Note
let's add some numbers and do some calculations

what would I do if I have 1 million bitcoins and 1 billion usd dollars and the price of bitcoin is at 4K ?

I would buy 25k bitcoins for 100 million dollar and from there on keep buying until we break 8k in the hopes we reach that before I run out of cash ...

PS: I wouldn't be doing that alone either; I would have a team of experts, each with their own team and then a coordination team etc etc ... I would have at least 200 people working on this

because at 4K my 1 million bitcoins are worth 4 billion, but at 6k ... it's 6 billion ... that's worth paying a huge fucking team ...

and now we can run that assumption again, but then with a group of whales that are all together worth somewhere between the 3 to 5 million bitcoins and they have more than billions of cash at hand, they also have hundreds of millions revenue streams and thousands of contacts to influence to make sure nobody sells until we reach 8k ... that's when we'll see a massive drop, because once they reach 8k, that should then mean 6k is the support


that such theories only work in an organic market might be the thing they failed to learn from their fake 6k bottom before ...

if they keep pumping to 8k to then let go, thinking it's safe as it will bounce off the 6k level ... I predict the most massive, spectacular drop in bitcoin history, it will be a day to remember

again ... just guessing, because my TA tells me we're to get a correction before we reach 7k, which those whales can see as well, so ... will they pump? do they have enough hundreds of millions left to break 7k and push for 8k ... I don't know

we'll know soon enough
Note
well, it looks like they're sticking to the plan ;-)

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