Now that the cat is out of the bag, we know we need to play defensively with this market pricing. We need to sell into strength as the whale still holding 166k worth of BTC will do the same. Given he is just sending to exchanges to sell provides us some insight that he doesn’t know much about trading so we need to read the charts accordingly. I would not be buying Bitcoin specifically here given this supply waiting to be sold. The larger altcoins seem to be the better opportunity.
You are viewing a single comment's thread from: