I'm bullish on #BAKC & @BoredApeYC rising in price over the next 10 days despite any short term falls. The floor went from 2.6 to 2.1 in 48 hours and I expected this
Next i expect it to rise incredibly fast, and soon
Let me tell you why. Strap in, this will be big (1/??)👇
@BoredApeYC has confirmed that the dog holders will get a special item in July. July ends in 10 days. They also said that the dogs will have utility and be featured heavily in road map 2.0.
I won't speculate on what that is here though, this thread is all data driven (2/??)
BAYC consistently drops announcements on Fridays. We made it through last week with no annoucement, but saw massive price action on thursday/friday in anticipation. A cooling off period followed, then another pump monday-wednesday as people prepared for the announcement. (3/??)
if the market is acting rationale, which it currently is, we should be in another cooling off period now as people have accumulated their dogs. If the announcement is not this week, we'll likely see the same pattern again. We can see both cooling off periods in this graph. (4/??)
This is where you should get excited. If we assume the same market patterns that applied to bulls/craniums with their July drops we'll see this:
- early prep that pumps floor (wicked saw 80% pump, bulls saw 100%)
- announcement fomo surge (cranium went up 30%, bulls 50%)
(5/??)
Now, if we supplement w/ the BAYC data we can SEE the pattern line up as predicted
- announcement anticipation pumps floor
- cooling off period
- giga pump before the drop
This is the time period we're interested in for @BoredApeYC ...now lets break it down and apply it
(6/??)
- June 13th BAYC teases a surprise update and announcement anticipation buying begins
- June 16th cooling off period hits and people sell thinking they over bought
- June 18th BAYC drops the tweet about BAKC being LIVE and avg. price pumps from 2.7 to 7 in 48 hours
(7/??)
If @BoredApeYC continues to follow the pattern of "SURPRISE, HERES THE DROP!" then #BAKC / #BAYC will create a FOMO tornado and the floor price will sky rocket as ppl buy in
I cant imagine what would happen if they drop info about roadmap 2.0 as well
I've got my dogs, do you?🍌
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