 | hello, This post might no age well here since I'm a first time writer in this sub, so consider yourself lucky to have read it. My father once told me: "Son, if I knew what the future holds, I'd already be a millionaire". I'm here to give you guys a glimse of of what is going to happen in the period between now and the next bitcoin halving , I will explain why it will happen and will lay down a game plan for what to do based on this information. in case you are wondering, no I'm not a time traveler, just give me a second to explain what will happen: Bitcoin's price will do these 3 things sometime between now and the next Bitcoin halving.
Past occurences This already happened not 1, or 2 but 3 times already, before the previous Bitcoin halvings. Past Bitcoin halving dates Bitcoin halving 2012 Bitcoin halving 2016 Bitcoin halving 2020 The Situation of Bitcoin right now (before the halving of 2024) So why does this happen (and why it will happen again)? Simply said, because the big institutions buy a lot of coins, a lot more than you and me, billions of dollars worht of coins, and because of that, when they want to buy at a certain price, they can't just click the buy button like you and me and the operation will execute.. it just won't, because there is never enough bitcoins for sale at the time they want to buy, for their order to execute. So what do they need to do so that there will be enough coins for sale when they want to buy, and to find enough buyers when they want to sell? the answer is easy : FOMO and FUD FOMO makes you want to buy, when they want to sell FUD makes you sell, when they want to buy.. when they buy, they buy enough coins to become the biggest holder of it, this will enable them to control the price, they then push it up until it reaches the price they wish to sell at. When it arrives to that price, they will dump their coins onto the general puclic.. rinse and repeat. but why would they take the price up, then down, then up again, if they just want to buy a massive quantity of the assets and sell them at the end of the bull run? simply put, because they can. first they accumulate at a very low price ( like i explained in my previous post), then they drive the price up using FOMO ( remember the news about the black rock ETF?) by doing that, they liquidate all the short positions. Then they come up with some FUD bullshit story that is serious enough to make people dump their coins, but not too serious that will put the market into deep sleep, something that can be solved in under a week , like maybe Tether depegging again.. by doing that, they will have sold you at a very high price, then when the price dumps, it will liquidate the longs, and they will buy again at a low price. After that, there is no need for them to do anything anymore, because the next FOMO news is the BTC halving.. it will help them drive the price up naturally until end of 2025.. they will then sell to the uninformed and the cycle will happen again, and again.. So, now that you know the future, what can you do with this information? The answer is, that depends on your situation and knowledge of the market. Since i don't know you guys, Here are some scenarios that some of you might be in now, and what to do in these cases:
I hope I said everything I wanted to say, as I have been writing this for hours. if I have an edit, i will mention it under this line. thanks for reaading this, and I hope you make enough on this bull run to pay off your car / house / xx. [link] [comments] |
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