20190316-Jsnip4-Cobra Commander Update

Jsnip4（Update from Cobra）:

“The indicator moved up one point last night and then another two points early this morning.


My TA guys have been saying for the past two weeks we could get to $4,000 maybe $4,100 for Bitcoin before the big dump they also have been expecting comes.


We're in a little bit of a predicament because they still think the market should dump but based on some other information it doesn't matter. there's a major shortage of cryptocurrencies on all of the exchanges pretty much and I was given numbers of each exchange roughly and it's worse than terrible what they claim they have but don't actually have so if that becomes an issue and he feels rapidly approaching it will be I don't know if the market with dump on news like that or if it would pump because there's a massive undersupply and he doesn't know either. 



He just got done talking to Cobra Commander 2 days ago and they both don't know which way this will go because the initial information they got for the dump actually is still 100% true but the recent information about the massive shortage which he told me he has 100% knowledge it's absolutely true about the shortage and that alone could cause a panic and those who have crypto in their possession will do well for those who don't and had it on the exchanges are coming in deep trouble so I asked him couldn't that bad news cause a dump first before the pump and he said yeah but the opposite could also occur. The prices skyrocket because we're the only ones that have the real thing and the exchanges are panicking to get the real thing because they owe their customers.”



Wendy:  So the bottom line is we are in the overbought territory but all the major exchanges are short on cryptos.  So dump before pump?   or pump before dump?  No one knows!    If I am not greedy, I might just get in now and don’t try to buy at the bottom.  Because even at the bottoms, these exchanges probably don’t have enough coins to go around.  They are already short as it is.  Joe later said, Gemini is the worst- only have 20% of all the coins.  Kraken is the best – 100%.  Coinbase – around 70%-75%.   Binance – don’t know the number but not good either.    Just to name a few.

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