//Smart money is accumulating this week

Smart money is accumulating this week

Tl;dr: The next major crypto bull run starts later this week. This is the moment the whales have been waiting for.First, lets review the past several months. Back in October 2017, Bitcoin was hovering in the $5000s. When Bitcoin Futures were announced, it felt like everyone and their grandmother were FOMOing in for 2 months straight, thinking they were frontrunning big institutional money. With Bitcoin’s rise, money also flowed into alts. But Bitcoin peaked at the launch of CME futures and its daily volume ended up being consistently less than 1/100th the volume of Bitmex, barely something that should have impacted the price. Once money started leaving Bitcoin, alts were dragged down with it.Over the past few months I have witnessed a combination of profit taking, panic selling (the dreaded Bitcoin ‘death cross’ lol), and even new short sellers like my friend who has almost no trading experience but very recently told me he was opening 10x short on Bitmex. But even more impactful than all of that, is the fact that people made 10x, 100x, even 1000x gains in cryptocurrency in 2017 but did not plan ahead for taxes. Some estimate that it led to an extra $25 billion of selling to start 2018. However, bigger money has already sold to pay US taxes. The only people that are risking waiting until the very last week before April 17th to cash out are handful of smaller fish. The sell pressure has almost completely eased up and many cryptos are finding a bottom.Although prices have taken a big hit recently, crypto is far from dead. Bitcoin’s lightning network just launched and is growing rapidly, Ethereum’s plasma is set to launch soon, and Iota is already being adopted by Bosch, VW, Fujitsu, etc. with a ‘typhoon’ of releases incoming that the Foundation is working to finalize. Not to mention all the recent progress from Cardano, Eos, Litecoin, Neo, Ripple, Stellar, and many other coins outside the top 10. Goldman Sachs backed Circle has bought once dominant but overloaded Poloniex, Coinbase is launching an index fund that is getting interest ‘well beyond anything we were expecting’, and JP Morgan came out with a 60+ page report on cryptocurrencies, signaling that they are eyeing an entry strategy. I repeat, crypto is far from dead.The smart whales know all this. They also knew not to FOMO in at the peak. Instead, they have been FUDing the price down and waiting for the perfect moment to buy in. The end of tax season is that moment. Now we are seeing rumors of some of the wealthiest families and individuals coming into the market. Soros, Rockefellers, and Rothschilds (literally the richest family in the world) are beginning to invest in cryptocurrency. They are not coming in after the market has gone down 70+% and while its still in its infancy just to open a short. They are coming in now to hedge geopolitical risk, invest in world changing technology, and bet against the uncontrolled printing of fiat money by nations across the globe. I also suspect there are many more big players that are trying to enter more quietly.Now is the time for you to get in before the big banks and the wealthiest of whales eat our lunch. I may get downvoted by the bears and whales who have not bought in yet and want the last of the weak hands to sell, but I only speak facts and logic. I also have a good history of calling bottoms. My second to last post in this subreddit was on November 4th, calling the time to buy back alts right before the massive end of year pump.

Tl;dr: The next major crypto bull run starts later this week. This is the moment the whales have been waiting for.

First, lets review the past several months. Back in October 2017, Bitcoin was hovering in the $5000s. When Bitcoin Futures were announced, it felt like everyone and their grandmother were FOMOing in for 2 months straight, thinking they were frontrunning big institutional money. With Bitcoin's rise, money also flowed into alts. But Bitcoin peaked at the launch of CME futures and its daily volume ended up being consistently less than 1/100th the volume of Bitmex, barely something that should have impacted the price. Once money started leaving Bitcoin, alts were dragged down with it.

Over the past few months I have witnessed a combination of profit taking, panic selling (the dreaded Bitcoin 'death cross' lol), and even new short sellers like my friend who has almost no trading experience but very recently told me he was opening 10x short on Bitmex. But even more impactful than all of that, is the fact that people made 10x, 100x, even 1000x gains in cryptocurrency in 2017 but did not plan ahead for taxes. Some estimate that it led to an extra $25 billion of selling to start 2018. However, bigger money has already sold to pay US taxes. The only people that are risking waiting until the very last week before April 17th to cash out are handful of smaller fish. The sell pressure has almost completely eased up and many cryptos are finding a bottom.

Although prices have taken a big hit recently, crypto is far from dead. Bitcoin's lightning network just launched and is growing rapidly, Ethereum's plasma is set to launch soon, and Iota is already being adopted by Bosch, VW, Fujitsu, etc. with a 'typhoon' of releases incoming that the Foundation is working to finalize. Not to mention all the recent progress from Cardano, Eos, Litecoin, Neo, Ripple, Stellar, and many other coins outside the top 10. Goldman Sachs backed Circle has bought once dominant but overloaded Poloniex, Coinbase is launching an index fund that is getting interest 'well beyond anything we were expecting', and JP Morgan came out with a 60+ page report on cryptocurrencies, signaling that they are eyeing an entry strategy. I repeat, crypto is far from dead.

The smart whales know all this. They also knew not to FOMO in at the peak. Instead, they have been FUDing the price down and waiting for the perfect moment to buy in. The end of tax season is that moment. Now we are seeing rumors of some of the wealthiest families and individuals coming into the market. Soros, Rockefellers, and Rothschilds (literally the richest family in the world) are beginning to invest in cryptocurrency. They are not coming in after the market has gone down 70+% and while its still in its infancy just to open a short. They are coming in now to hedge geopolitical risk, invest in world changing technology, and bet against the uncontrolled printing of fiat money by nations across the globe. I also suspect there are many more big players that are trying to enter more quietly.

Now is the time for you to get in before the big banks and the wealthiest of whales eat our lunch. I may get downvoted by the bears and whales who have not bought in yet and want the last of the weak hands to sell, but I only speak facts and logic. I also have a good history of calling bottoms. My second to last post in this subreddit was on November 4th, calling the time to buy back alts right before the massive end of year pump.