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/biz/ - Business & Finance

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30425671 No.30425671 [Reply] [Original]

No- I am not a bear, I fucking hate them.

But I do have to say the following; please prepare for a small correction into whale purchase territory of about ~37-40k.

Most likely it will bounce right back from 40k and never reach levels below it, but be very wary about a flash crash.

DO NOT, I REPEAT, DO NOT SCARE SELL YOUR CRYPTO TO THE WHALES.

A BOUNCE UP TO 60K+ WILL BE THE REWARD.

>> No.30425747

How do you know? I don't doubt the possibility but

>> No.30426075
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30426075

>>30425747

It's the game plan.

There will most likely be a fake-out towards 52k first.

Afterwards a giant shakeout to liquidate a great amount of longers.

Then once people are convinced of a further crash, bears will shaken out.

In the end the whales win all of your crypto on both sides of the trade if you decide to trade in these dangerous waters, especially if using leverage.

Be very wary, better safe than sorry.