Your 2022-2023 predictions don't make any sense to me. Your short term outlook isn't bad, but there are a lot of moving parts with the SEC trial. I'll keep in mind what you've said about this Sunday. I think your short term predictions make a lot more sense than your long term predictions.
Quoting: My Foolish Daydream I'll explain it. Crypto has been moving in 4 year cycles for like 12 years. Everyone assumes this will continue. It might stop and change. No one knows for sure. But until it changes, we expect a new bullrun peak every 4 years.
Okay, so after bitcoin hit 20k in 2017, it crashed to 3200 in 2018/2019. That's roughly an 80% drop.
After XRP hit 3.50 in 2017, it crashed to 10 cents in march 2020. That's more than an 80% drop. Xrp dropped 34/35th. Roughly 96/97%.
___________________________________________________________
Fast forward to 2021 now. Bitcoin appears to be hitting 200k in august. If this happens I expect xrp to hit somewhere around 5-7.50.
If these two coins hit this high... They will then fall 80% (bitcoin) and 90-97% (xrp) again. And if not that bad... they will still drop somewhat reasonably close to that.
___________________________________________________________
This means that after bitcoin hits 200k in august, it will drop to 35/40k. Probably sometime in 2022/2023. (roughly 4 years after the last drop)
This means that if XRP gets to even lets say 10$... falling 90-97% from 10$? 90% crash from 10 is to 1$. 97% crash from 10 is 30 cents.
___________________________________________________________
Here's my super secret intel for you. It's a quote from a very famous economist and something I truly believe. "If you show me a price chart I will tell you the news."
What this means is that when looking at a chart, you can tell exactly when price will do major moves up or down. Not all the time. But 100% a lot of the time. You would shit yourself if you saw some of the trades I predicted over the last 3 years.
In January when that big news came out about XRP that was so bad, everyone thought the SEC thing triggered the price crash. I'm telling you that the price crash was natural and the SEC news was just propaganda. It's all bullshit to confuse you about why price does what it does.
When this next major crash happens in 2-3 weeks I would bet my house that there will be some major bad news about XRP in the press. "ZOMG SEC says RIPPLE IS BAD" type of thing.
It's all a cover up. It's just bullshit.
That's my conspiracy.
