Bloody XRP Shining BTC

New ATH for BTC.

Possible movements for BTC in the next quarter, Blue line is the one I’ve predicted in the previous analysis which was accurate.

XRP updates

Number of XRPs sold by the team to the public yearly
  1. They were clear market manipulation by the team, they have market makers pumping the price each time they have good news.
  2. They sourced for funds from USA investors.
  3. They sourced funds from the public without any KYC.
  4. The token has zero utility and not used in the system at all.
  5. No customers are adopting their platform.
  6. They have large amounts of XRP that has been minted for themselves and have been dumping on investors for the past few years.(check tweet above)

What about alts?

ETH/BTC continues to get a beating but I believe a relief is soon as many alts holder capitulate. Whales will eventually be here to scoop up those cheap alts with their BTC gains.
how I see BTC dominance playing out which will affect alts prices in the short term.

Conclusion

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BitcoinGelion

BitcoinGelion

Bite-sized news & tips for the busy investor! Helping the world become a better place thru investments and technology.

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