Post
Topic
Board Altcoin Discussion
Re: This December is a weird one
by
LUCKMCFLY
on 26/12/2021, 18:48:56 UTC
I cannot equate the situation in December with the conditions in last December. This year the market looks like a game to be played. This has been felt since last October, even this year's crypto price journey is very different from previous years. The only thing that is clearly visible is the Bitcoin price.
What happens is that for many months since April, May, people began to forecast that this same 2021 the price of BTC would reach the minimum $ 100k, and they have their good foundations, both in the S2F model and some analysts, Also other traders on Wall Street and people got the idea that they had to buy BTC fast at $ 40k- $ 50k to earn at $ 100k, some even speak of $ 150k, so this information through the networks, articles, news it reaches the whales and the whales are not there to please the masses, the whales are to earn themselves, and instead of raising the price what they did was to lower the price, this is normal, at any moment it will rise, just when the mass thinks that it will not go up any more and go short, that will be the best time to go up.