pacman7331

Ain’t no bull, is bullshit.

Short
CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Yes we crossed the 200 ma on daily, yes we made higher highs on every time frame, BUT why is only one or two coins going up (BTC, BNB) if the whole market is bullish? Last time we were at 11k ether was about 800 a pop, we had a market collapse and then a sudden inflation. I don’t think this is a real bull makret! I expect a massive correction. Bearish indicators show a reversal imminent. If this is a real bull market btc should not have all the money in it. Its a bullish bitcoin and bullish bnb TREND. But not a bullish crypto market. Huge difference. Look at kost of the altcoins, they barely moved since we bottomed. Pretty interesting! Some have suggested this is simply a retrace from ATL to ATH, we’re only 50% there, even a 100% retrace could happen and it could be a “B wave” correction vis a vis Elliot wave theory. I got a few longs in this market, but when we are seeing only one or two coins goin up, I don’t think thats bullish.
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