Trump & Dump Pattern🚀💫
$TRUMP
$Trump is heavily manipulated by Donald Trump, like recently when he mentioned the coin and pumped it up on that. He has lots of coins that he wants to distribute. Since he controls the country and the narrative, this is very easy to do. All he needs is to find people willing to buy the coins by releasing some big news. As you can see on the chart, it currently looks like an accumulation area with a clear level of liquidity to sweep through at $12.45 before crashing.
Did you notice how crypto didn't plunge along with the equity market on Friday? It was a huge break in the correlation and it shows that some serious manipulation is going on for this entire market. My expectation is that this weekend there will be some massive news such as that Trump has used the government to purchase Bitcoins or a similar headline.
Onchain data shows that smart money has been accumulating millions of dollars worth of Trump here over the past 2 days and the price is already starting to rise from the lows. They definitely know something. Think about the timing of a final exit pump across the board for cryptos right into this plunge on equities. It makes perfect sense to sweep liquidity at $95,000 in that market as well and give everyone one last chance to sell their coins before Bitcoin plunges to $50,000.
$Trump is heavily manipulated by Donald Trump, like recently when he mentioned the coin and pumped it up on that. He has lots of coins that he wants to distribute. Since he controls the country and the narrative, this is very easy to do. All he needs is to find people willing to buy the coins by releasing some big news. As you can see on the chart, it currently looks like an accumulation area with a clear level of liquidity to sweep through at $12.45 before crashing.
Did you notice how crypto didn't plunge along with the equity market on Friday? It was a huge break in the correlation and it shows that some serious manipulation is going on for this entire market. My expectation is that this weekend there will be some massive news such as that Trump has used the government to purchase Bitcoins or a similar headline.
Onchain data shows that smart money has been accumulating millions of dollars worth of Trump here over the past 2 days and the price is already starting to rise from the lows. They definitely know something. Think about the timing of a final exit pump across the board for cryptos right into this plunge on equities. It makes perfect sense to sweep liquidity at $95,000 in that market as well and give everyone one last chance to sell their coins before Bitcoin plunges to $50,000.
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TRUMP
14.86
-5.29%