20181217- Crypto Prediction Dec 2018 (2)

Jsnip4 (Cyrpto Prediction Dec 2018):

According to his banker guy,  there is critical publicly available financial data on specific industries and companies that most likely will not be reported by the end of December since typically it is reported on by the 1st week of December and that we should see a nice dump in the crypto market.   

The reason for today’s rally in the market is due to one of these specific industries  - healthcare reported their financial data today.

So what happens if those other industries release their calls/reports before we get out of this month?   He says expect a very large rally in crypto. The reports are simply "calls" that big companies do at the end of each year to their shareholders.  It lets the shareholders know if the company will be profitable, expect losses, expect slow grown next year, etc. The funny thing was that he said it was not so much what the companies said on the calls to their shareholders, but rather if they actually make the calls or not.   So,

No call = market dumping. Call does happen = market rally.

Here we are on the 17th and only one industry (healthcare) has done and released their calls but he said it is the big tech companies and others who have not released theirs yet.   It is these remaining big companies that matter the most according to him.

So his opinion is that most likely these other companies won't do their calls until sometime in January or February. He said when the calls are made, that's when crypto should do the big move up. He also told me he thinks we are in store for one more dip down before we get out of this month of December around or after xmas regardless of the calls. 

The "dip" could turn into the actual large sell off due to the calls not happening.   The banker guy said said that will be a critical time for him to decide what he wants to with his cryptos, such as sell more in anticipation of a large sell off (if the calls didn't happen by end of December) or buy in on that dip because the calls did happen or he thinks are about to happen etc.