In my previous post, I spoke about how BTC's pump was planned.
Well, it turns out another one is on the way.
Thanks to my trusty tool, WhaleAlert.io, who was kind enough to sponsor this post by giving me a free subscription. Thumbs to them!
I used the tool to see that there were a lot of transactions. Huge whale transactions of whales sending their bitcoin to their exchanges of choice.
These updates were later posted on twitter several hours later, but they were massive moves.
it seems like the whales are gearing up for a big, big move. What else would explain why they are being charged the hefty fees and possible KYC restrictions if not for the gain at the end?
I'm not saying go out and buy BTC. The technicals haven't suggested so yet.
Believe it or not, I'm still long from $5600, and I'm long a whole lot. More than 3/4 of my whole account. It's tempting not to take profits off.
But I wish to see the outcome of this whole whale movement. It is more than likely that BTC pumps tomorrow though.
Thanks for reading!
Update on the giveaway:
Thank you so much for participating in the giveaway!
Unfortunately, no one won the contest. The closest answer was from @DavidTech who guessed $15.45. The price closed slightly above that.
I'm still keen on giving away the LRC though, so I'll be hosting another challenge tomorrow. It'll be easier, so someone can win this money off my hands!
Stay tuned guys!