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BREAKING: the final ruling in the SEC vs Ripple lawsuit has been issued by Judge Torres: Ripple must pay $125 million to the SEC. #XRP NOT A SECURITY. It’s over!
Gold has now reached the euphoria Phase
It should make a local top within 2 weeks around 29th Oct FOMC, and then we will see a massive liquidity rotation into Bitcoin.
Trillions are coming into crypto market and we will see the BIGGEST BULL RUN EVER.
Bitcoin hasn’t topped!!! Comparing Gold (top) and Bitcoin you clearly see what a blow off top parabola looks like as Gold is creating currently. Gold stalled for 18 weeks before the final blow off top started. Bitcoin has been stalling for 16 weeks now. It’s coming 🚀
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#Bitcoin and the crypto market have not topped. In this chart I am showing that in three previous cycles the bullrun always ended in a blowoff top. We are currently still in upward accumulation that resembles the 2016/2017 pattern which I stretched and overlaid. We are still missing euphoria.
Most people in crypto right now have no clue what euphoria looks and feels like. You had to be here in 2017 to experience it. 2021 was mild compared to 2017. That’s why most will get caught up when it hits, not sell their crypto and get stuck waiting for the next cycle.
#XRP is about to reach the end in this giant falling wedge against Ethereum. This is a structure that usually moves to the upside suggesting that XRP will outperform Ethereum in the coming weeks!
$XRP
XRP got the move down into our support level for the expanded flat we were following (threaded)
I said it'll happen pretty soon but I didn't expect it to play like that
Nice 50+% bounce off our support level
Regardless of how things unfolded last week, the plan is still the same
5.5ish is our first target on the way to our macro target
#Bitcoin not only hit support in one day it also put us below 50 on the RSI. Meaning we could have a faster and longer move up without being overbought.