Its been a hectic week. You know you're onto something when the biggest clown eth maxis (eric conner, cough cough) are calling AMPL a ponzi without reading the whitepaper, just seeing the price increase. lol
We dumped. We cooled down, the mania has gone away, and we had 3-5 days of accumulation - heres a few new whale wallets:
etherscan.io
etherscan.io
etherscan.io
What were going to see now is probably more accumulation for 2-5 days. Probably under $1. I might be underestimating the power of the ampleforce here, it could go to $1. Sooner.
Right now we have completed 1 full cycle. a real strong bull cycle up to $4 over 3-4 weeks, then 10 days just about dropping mercilessly under $1. REKTing people who bought in the last 3 days of the cycle. We have now bottomed out and are in an accumulation period.
The next run up will start in 1-2 weeks.
1 month in crypto = 6 months in the stock market.
1 month in ampl = 6 months in crypto.
the cycles are FASTER.
However, this next one won't be quite as insane. Each cycle will get a little milder, as the marketcap and supply increase it becomes harder and harder to push the $ price around, i.e. you need more and more $ to do it. When we went to $4, that was going from $200-300mil market cap in a day. $100m buy support say. Now we would need $300-400m to go from here to $4 -it's harder.