Most Likely scenario for $QNT:
Repeating fractal with a 15 Day consolidation period that puts us right on September 25th - 3 days before rumored OVN launch.
If $QNT is the $XRP of the 2021 bull cycle. That could mean it flips $ETH market cap (1/2)
Repeating fractal with a 15 Day consolidation period that puts us right on September 25th - 3 days before rumored OVN launch.
If $QNT is the $XRP of the 2021 bull cycle. That could mean it flips $ETH market cap (1/2)
Profits need to go somewhere after a bitcoin bull cycle. 2017 and 2018 saw smart money taking profits into $XRP because of its utility. This led to XRP flipping $ETH MCAP multiple times in the past. $QNT is negatively correlated to $BTC as of now. Same Story different coin
The fat finger buy and upwards trending QNT/BTC chart clearly show the exit out of $BTC. The Zero-Liquidity zone pushed price and rejected, further suggesting a period of consolidation.
Once people realize a lot of their #alts are dead they have a few options:
1) Sell for a capital loss
2) convert back into bitcoin because they are mislead and believe that stacking stats is the only way
3) convert into a store of value like #HEX or store of utility like $QNT
1) Sell for a capital loss
2) convert back into bitcoin because they are mislead and believe that stacking stats is the only way
3) convert into a store of value like #HEX or store of utility like $QNT
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