So XRP has record breaking amount of shorts at the moment. Having this makes it a lot harder to move up. If Bitcoin can just carry us to the point where these shorts get liquidated, we will go on a run as they as start to pop. A way I would describe it is like climbing a mountain with 20kg on your back or climbing it with nothing on your back. Can be done with 20kg but a lot harder. Once they are gone we will react better to bitcoin moves 🆙
Market started to recover pretty well until during night that retard Elon Musk decided to tweet again. I have no idea how he isn’t getting sued for this.
If anyone has spare money I would recommend buying DOT LUNA and MATIC to hold for next few days. When market goes green they will bounce well. Always chance they could go slightly lower but I think we will see some green soon
DOT is my second favourite longterm hold. I have started accumulating. In 2-3 months I think price will move up a lot but obviously nothing guaranteed with retards like Musk on the loose
XRP
If anyone has spare money I would recommend buying DOT LUNA and MATIC to hold for next few days. When market goes green they will bounce well. Always chance they could go slightly lower but I think we will see some green soon
Market did go green like I thought and those three coins are bouncing well. If you are looking to get in. Wait for a small pull back and then buy or message me if you want to know best timing.
For first time in a while. BTC riding by itself for the most part. Alts are behind but will catch up
They’ll use that time to try find anything they can because at the moment looks like they have 0
We will be rewarded for our patience but its just irritating that we will have to sit tight for longer. I still believe we can see a 3$ price target without this case being settled and of course it could happen sooner
Looking at price now is just horrible but I guess its the game. We can see unbelievable gains and losses. I will continue holding everything throughout this time, whether its the right thing to do, time will tell. The fundamentals of the coin haven’t changed, it is still extremely valuable but market is dying. There are a lot of different analysts saying different things at the moment so I think the best thing to do is just forget about it all and wait. Under 50 cent has always been my buy zone so I guess I will start accumulating again if it stays down here.
My opinion is that we will recover and that the bull market isn’t over. I think Bitcoin still has room to hit another ATH (all time high) this year. If this happens all alts will fly up again and we will hopefully see this case get settled.