Post
Topic
Board Speculation (Altcoins)
Re: Another red day
by
blockman
on 20/08/2023, 14:55:20 UTC
All major coins are down maybe it's true that Elon Musk sold his bitcoin that's why we suffered red market this week.
That's not a rumor and it's true based on the articles that came out and became a buzz. But you know what, this is what these whales do like. They make hey and noise so that they can move the markets and then that's the time that they're going to make their moves through accumulation and buying more of it, it's no longer a secretive move when everyone else does know that already.

Though I am not shocked about this because we all know that every August it's a red market and many believed August is a ghost month of chinese people that's why it's very predictable of what market's condition.
Ghost month seems to be really like this whenever we go through it. But we're just a few days away from this month's end and that's probably the start of the recovery that we're about to see.