A reversal could lead to a significant rally in the crypto m | The Crypto Boys on Binance Square

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Bullish

A reversal could lead to a significant rally in the crypto market. 

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How many companies in the world can accumulate 500,000 Bitcoin? Mathematically, only 42. Considering lost coins exceed ~5 million, max we’re talking 32 companies. Realistically, even that number is impossible considering 193 nation states. MicroStrategy is hugely undervalued.

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ARE YOU WORRIED ABOUT US GOVERNMENT BTC DUMP? A FEW HOURS AGO, IT WAS REPORTED THAT THE US GOVERNMENT WILL SELL $6.5 BILLION WORTH OF BTC. HERE'S WHY IT'S A FAR-FETCHED FUD 👇 1) BITCOIN MARKET IS WAY BIGGER IN 2024 ALONE, $379B OF NEW CAPITAL ENTERED INTO BTC $6.5B SELLING COULD BE EASILY ABSORBED WITHIN A FEW DAYS 2) MARKET HAS PRICED IN AFTER THIS NEWS CAME OUT, BTC DROPPED $700, AND SINCE THEN IT HAS STABILIZED IT SEEMS LIKE BIG ENTITIES ALREADY HAD THIS INFORMATION IN ADVANCE, AND THE DUMP FROM $102K TO $95K WAS TO PRICE IN THIS FUD. 3) SELLING WILL BE VIA OTC UNLIKE THE GERMAN GOVERNMENT, WHO SOLD THEIR BTC ON EXCHANGES, IT'S HIGHLY LIKELY THAT $6.5B WORTH OF BTC SALES WILL BE VIA OTC IN A NUTSHELL, I THINK THAT PEOPLE ARE OVERESTIMATING THE IMPACT OF THIS SALE. AS USUAL, RETAIL WILL PANIC SELL ONLY TO BUY HIGHER IN THE COMING MONTHS.

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this might be one of the possible scenario B (chart) Market dumps hard and shakes out all the panic sellers, Whales scare the Altcoin holders and buy their cheap coins by telling them this is top and bull run is over. Once they have loaded their bags, They will send the market hard. This is typical pattern every cycle. How to beat whales ? Don’t look at your portfolio, don’t look at the daily volatility. Just hold and come back in March- April and you will see all these alts 3x-4x easily $BTC

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did you buy the accumulation zone? long orders from $92,500 triggered adding more longs now at $94,000 Main longs from 53k and 63k open $BTC $ETH

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Once again everyone is scared and once again everyone fails to understand the meaning of moving in a range. I called exactly this, a range of 90 - 110k region in October, and said it will take months for breakout towards the region of 125k No reason to be scared at all.

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