This
there is obviously something up with a 2 million sell wall
BTC DUMPING, LINK MOONING
Btw linkies you guys are desperate sometimes. You all make fun of TA untill some random dog makes a bullish TA and captions it with “whales accumulating “
So TA is ok if bull?
This
Why should you buy something that the whales have already accumulated? They'll just dump on you.
is link actually partnered with swift?
so people are really falling for this BigDogg pajeet larp? the sad cunt has been samefagging and making multiple threads for days trying to catch biz's attention. don't fall for it newfrens
>strawmanning this hard
possibly but it doesnt take away from the fact he was right
Like i said. You need a large bank roll. 1M is not enough. and dumping even 5M is not enough unless they do it at the right time.
They would wait for a liquidity gap (low volume and orders on the books) and time it with a overall market downtrend if one was happening.
This would cause a very big dump, they would sell off in chunks, to their own orders, which get filled from bots or panic sells, then let it rally a bit and sell more at a resistance point. this is done in waves over some hours. They get more each time.
Then they wait for market recovery and see if buyers continue. Likely they repeat the entire process over again till they find the saturation point. This is rather easy to find. You take the average volume above 8k sats for example, see that it is 5x that of the 5-6.5k sat range and realise any break below 8k creates 5x as many bagholders.
So they continue their dump into liquidity gaps til that level is met where the high buyers are likely to capitulate and accept a loss, creating sell volume for them. The whales probably accumulate it all here, or maybe aid the dump further.
This is how they accumulate. not buying high like this faggot dog is saying. Its fucking hilariously easy for BTC whales with bankrolls into the millions to do this on a loq liquidity altcoin with no arbitrage or options or futures to counteract price discovery.
Right now i think its just a retail rally, or whales are taking profits slowly, really hard to say anons. but this is a no buy level. wait for it to break the divergence (make a higher high on RSI) or to reverse.
wow so he predicted link was going to pump during it's heaviest marketing period to date and mainnet with known to be close? only 3 months behind biz then. and he predicted that btc would tank? half of the postsers here expected btc to tank soon. it's not hard to make a bunch of predictions and delete the incorrect ones. the fact that hes been desperately promoting himself for days, and the fact he calls himself 'BigDogg' tells you everything. inb4 his next call is all in on currycoin
>This is how they accumulate. not buying high like this faggot dog is saying.
you're unironically missing the point. try reading it again
>For months, big players have been slowly transferring BTC to their chosen coin - ChainLink. When accumulation finishes (look for a huge pump in ChainLink) BTC will be abandoned.
where does he say they are buying high? it seems more likely they have been unloading in the 8-10k sat range and accumulated during 2.5-6k sats
regardless of all this, i have sold my link and suggest everyone do the same because i buy low and sell high - not even mentioned the fact that btc is dumping hard and no coin holds value during this