And yea they bought up alot of crap because some of them had a ton of funny money. They loved the exotic toys- Lambos, Porsches, gluttony galore and now they have to sell sell sell, sell everything they have. When Richard 640’s proverbial trap door lever gets pulled, it could unwind very quickly. This is the largest bubble in recorded financial history. Nothing ever bigger ever ever. Who’s stupid enough to short bitcoin? You have to load dollars on “fake” exchanges to even do it. I mean, you could wake up the next day and the coin firm is just gone. Poof. you’re like, hey I shorted it and made tons of dollars give me my money. But the exchanges are all dead. Zap.
he also says: Went back and looked through all my #bitcoin measured moves lower, here is the list:
13,600
12,840
12,700
11,120
10,700
6,800
3,250
Not saying we’re going to tag any of these, but these are the TA-measured moves for patterns I have.
Clear break in the “digital gold” vs “real money” ratio (chart below)
Remember they made us wait out in the desert for 10 years, starved us and deprived us bugs of water to survive. They prolonged the inevitable rise in G and S and long as they could.