Big Volatility Ahead For Crypto Markets !Remontada Season For Late 2017?

Big Volatility Ahead For Crypto Markets !Remontada Season For Late 2017?

By Tikyi Khant | Tikyi Khant | 24 Jul 2020



What are the Hottest news for Cryptocurrencies lately?
4961ab8cd9277e14a70c90678627b04dc720531f120d2b48ef68aeee4f2d005d.pnghttps://www.coindesk.com/paypal-venmo-to-roll-out-crypto-buying-and-selling

450576a1d66eab7da6c19dab4931d0727acf3a901be0694e9677669ebdcf9f3c.png

https://www.coindesk.com/banks-in-us-can-now-offer-crypto-custody-services-regulator-says

First,it was Facebook and Libra.

Now it's Paypal and US banks.

This 'bubble' has become a gargantuan institution , is this the similar bullish vibes to late 2017 Bull market?

65bd9e79c12bc083d0e8f6a65734d59ab6f6ab557a1cdcb0fb249b55c4164560.png

3c420b7844fb921422bc964360af341f8f6f3efc8b75d2d06f6cacf43a20d873.png708898a18014e71f5667e95112801ca83b3f7e21a1525bec2f529a736881cffe.png


What does these transfers mean?

Whales getting bored and transferring from 1 wallet to another?No.There is a beauty of the concept to this.

Look closely into the pics.
8,180 Bitcoins moved out of Binance to unknown wallets with massive Tether/USDC/BUSD injecting into the Binance exchange.

What does it say?
It says Bitcoin availablity became lesser inside the Market so it makes the market makers or we call 'Whales' easier to dictate the price.

What other coins are to be noticed of such big transfer?
Ethereum

665730d9550a45028a6090d211b1122c7ed1cfc204e69359b2dabffa67e4e282.png

I cannot read what ETH whales want.

All transfers took place between unknown wallets .
But Fundamentals are good ,heard ETH 2.0 Testnet to happen in August. Read about Technical Analysis of ETH on my other article ETH AT FINAL RESISTANCES BEFORE THE MOON! (Full Price Analysis).

9fa5b869724d00dc154260486dcc34f08c5bd69ca11c6c53094b8f1add97c8da.png

EOS
100b0ad04f1f1b8a6fd980bb002e78fb976be1e15dae3f46f8357f89493a010c.png

Huge amount of EOS are being transferred out of Binance?There's no bullish Fundamentals I have heard of but maybe EOS is about to turn its stagnant/bearish cycle into super bullish one. Read my Technical Analysis of EOS on my other article DO or DIE for EOS.

1b78181d815b953ffb9349cb633b600830f56726fad79a0c520116a00edace84.png



There's One Thing to Remember despite all these bullish fundamentals.

Bitcoin and Cryptocurrencies got the Global Hype and Fomo in late 2017 and early 2018.

But Whales/market makers messed it up by selling the news .So many newbies to cryptoworld are left bag holdings  with huge losses to an extent that some probably  would never come back to investing Cryptos again.

Will the market repeat the 2017 scenario or have they learnt their lesson?
Share me ur thoughts.

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Tikyi Khant
Tikyi Khant

I started the journey by doing airdrops,then I become investor then I became full time trader


Tikyi Khant
Tikyi Khant

I'll be mainly sharing about Trading Analysis,Research on new promising coins,Bounties & Airdrops mainly

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