Post
Topic
Board Speculation (Altcoins)
Re: Be Prepared for the big dump.
by
Woodie
on 11/07/2021, 01:38:03 UTC
Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?
That was a good signal to anticipate the big sell by the institutional traders!
which I guess was a coincidence with Elon Musks twitter postings which were perceived to be the major reason for the crypto crash...but this could have contributed but the move was already in progress as the charts hinted, eagle eye @Shikha99