Re: Theory: Stocks profits soon to be dumped into crypto
You notice all the stock profits taken again on Friday.
I think they are going to funnel more into crypto, and have ETH eventually dominate. Then ETH will switch to PoS, then they will use their massive amounts of ETH for insane PoS rewards (and lots of them).
I predict a gradual slide downwards from say $949 or say just over $1000 for the next 6 days until their withdrawels and deposits clear. Then price will drop down fast to about $625 then immediately bounce back up after their buy orders are triggered-- to give the overal chart an appealing linear growth appearance, with a bubble that was popped.
Crazy conspiracy theories I know
I think they are going to funnel more into crypto, and have ETH eventually dominate. Then ETH will switch to PoS, then they will use their massive amounts of ETH for insane PoS rewards (and lots of them).
I predict a gradual slide downwards from say $949 or say just over $1000 for the next 6 days until their withdrawels and deposits clear. Then price will drop down fast to about $625 then immediately bounce back up after their buy orders are triggered-- to give the overal chart an appealing linear growth appearance, with a bubble that was popped.
Crazy conspiracy theories I know