This is insane ! Everyone seems to have gone into the panic mode and started dumping their coins. This could most likely be end of the Bull run ... sounds familiar doesnt it ?
Now take a look at this theory of Wcykoff Distribution Phases
and compare it to this charts.
Looks similar .. and apparently this has happened in the pass before as part of a deliberate plan to weed off the weak hands. Well .... perhaps its time to buy in as by the look of things, we may see a nice bullish run soon
These are just my opinions and not in any form of financial advise. Just a regular dude having fun with those charts.
Cheers guys and have an amazing week ahead.
