When many seem to believe that we are in the presence of the end of cryptocurrencies (after a catastrophic year in terms of price for Bitcoin and all altcoins); it is when we must be more attentive to the charts to ask ourselves the right questions at the right times.
Although it is difficult for most traders and investors in the market not to get nervous in the current circumstances, what everyone should be doing in this bleak scenario is asking themselves: What are the whales doing right now? Or what do they seem to be doing? And by doing that, what do they intend to achieve?
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It is not difficult to realize that we are in an accumulation phase for Bitcoin, and that we whales are just stocking up at the lowest prices possible, to then drive the price of BTC and the other cryptos in an uptrend.
From what we have seen throughout the entire history of Bitcoin, the more compressed the price of Bitcoin appears to be at a time of downtrend and accumulation period of the whales; the greater the momentum it will have when the trend changes.
So everyone who manages to accumulate Bitcoin right now (whether a whale or not), and has the ability and wisdom to keep it for a long time, will end up making big profits in the future, it's a fact.
Of course, everything will depend on the way you look at it, and on your investment capacity or liquidity; but that the price of BTC will go through the roof in a few months, it will happen, that's a fact. Believe me or not, it's what's coming. I can see it and you will see it too; and it is not necessary to be a BTC maximalist to see that what I say is true, it is the reality that we have been able to appreciate throughout the entire history of BTC.
And when BTC goes up, all other cryptos will mimic it, and then we will see new all-time highs in almost everything in the crypto market.
We will read us soon.
