This is the last stop for anyone who likes money. People keep selling, but the Acc/Dist keeps going up. The bigger the swings, the higher the ceiling gets raised. You don't have to buy a lot. Just don't sell any until it's pegged at $1.00 and then the banks can start hosting nodes and using it as a stablecoin.
@Abdullah_dufy, You under-estimate the abilities of algorithmic trading. Big money can pump it up as high as they want, and their is no retail investor who could stop it. The FOMO rage and Stop loss raids would be Epic!!! The whales are massively accumulating the actual cryptos while manipulating the futures and USD indices to maximize accumulation. Institutional investors, aren't dumping. Retail investors think they are making Fiat USD, but the dollar is about to be hyper-inflated.
Abdullah_dufy
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@DeNileMonitor, Yes, I know everything is possible in the world of crypto, but we as analysts have to analyze reasonably, and most traders want short-term analysis.
Crazy_Cat_Man
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@Abdullah_dufy, Trading View won't let me post my 1-minute charts.