There are 2 scenarios that I'm seeing with the recent pump of the market.
1. Just a normal pump and dump scenario that has been happening for a long time already.
2. This is what the holders are waiting for. An upward movement and a possible wave 5 scenario
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Either way, I'm just happy that the movement of the market after weeks of being sideways is on the upside but still I remain vigilant and waiting for a dump to happen.
With a final dump result for sure. The question is how far this bubble will attend 1. Just a normal pump and dump scenario that has been happening for a long time already.
2. This is what the holders are waiting for. An upward movement and a possible wave 5 scenario
.Either way, I'm just happy that the movement of the market after weeks of being sideways is on the upside but still I remain vigilant and waiting for a dump to happen.
The bubble hasn't even begun and you're talking about the crash afterwards?!
$250K-$350K is as good of a guess as any, especially since so many people are aiming so low. Most people around here are speculating on $25K, $50K, $70K, $100K. Extrapolating based on past bubbles yields much higher results.
I think people get too used to certain price ranges (like $10K) that they can't conceive of what exponential gains really look like. They also focus too much on things like market cap, which are relatively meaningless in a bubble. It's all about available supply on exchanges. Very little volume is exchanged at the top of a blow off top.