There is one interesting echo going around Telegram, Twitter, Instagram, Facebook, various crypto sub-reddits and even social circles.Massive bull run incoming in Nov/Dec 2018.As we get closer towards the end of the year people have been calling this one for quite a while now and it seems like the number of people reiterating this statement is growing larger in size which I find fairly odd. Now I will point out that many people that purchased close to ATH or nearby are the ones echoing this as everyone else that got in early isn’t TOO concerned as they’re probably in the green and are just letting the market "do it's thing".Moreover, it seems to me that this anticipation for Nov/Dec coinciding with the launch of Bakkt is the final thread/glimmer of hope keeping many people sane purely from a financial perspective. Forget the technology for a second, from a financial perspective many believe that the market dynamics are headed towards a magical rally around this period of time. Now think about this - isn't it the perfect set up for Bakkt to open, Nov/Dec to play out and the market simply TANKS?!Banks and FI's profit off of our stupidity (speaking for myself here), if we the people are all anticipating something huge during this time especially out of desperation and identifying patterns BASED ON HISTORICAL DATA doesn't it only make sense for them (banks and FI's) IN THE SHORT TERM to tank the market in order to profit off of our "findings" and "emotions"? That final shakeout to squeeze possibly each and every single HODL-er out there in order to get a better price? I wouldn't be surprised that these players pull a quick one on us and the market moves sometime in Q1/Q2 2019 rather than Q4 2018.Look at the below chart it's very simplistic in nature and you've probably seen it many times but I think we may be more or less in the anger stage and seeing the market tank one more time despite positive developments with the technology and a whole new inflow of capital into the market would be soul crushing for many. This would literally send many into a coma as they wouldn't be able to fathom that the market went against them despite all the good news and that this is what they were waiting for since the top of the year.While many may already seem depressed, I think we have yet to hit the real depression cycle. This is by no means an attempt to spread FUD it's just something to think about and I'm just sharing an alternative outlook on the market in the days coming up.TL;DR - Why does market have to rally in Nov/Dec specifically? Why not Jan/Feb? Banks and FI's could set trap in the short term and then once they do a final shake out they rally the market up.https://ift.tt/2yLzTUM
Submitted October 20, 2018 at 07:33PM
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