iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,033 Blog Posts

CRYPTOS WILL RALLY NEXT

We will not get markets running hot and cryptos being dismantled at the same time. Today ETH bottomed out at 1720 and quickly moved higher — now encroaching on 1900. My position in ETH has been dwindling down since the beginning of the year, having accumulated more than 200 sub $300 — I chose to sell in 1/12th lots until nothing was left by 2023. Admittedly, I wished I had sold it all — but this is the game plan I have and will stick to it. I am tempted, however, to freeze sales should ETH get around $1400, which I believe will be met with substantial support.

We have the markets running hot today and although I am reticent to be bullish now, into Friday, I am going with the flow — now +1.75% for the session.

If we do run higher again tomorrow, you should expect a continuation of this bottoming action in cryptos. I am playing this via miner MARA.

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3 comments

  1. ho_chi_min

    the BEST sherlock holmes

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  2. ezthere

    Who are these people pic

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  3. the_wolf

    You said it yourself,…
    Do not fall for the same tricks

    +923%
    Oilman

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