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walkin
Jan 8, 2021 11:25 PM

Alt Season Hopium 

TOTAL2/BTCUSDCRYPTOCAP

Description

This time it's different?

Not much to say about this, but if Alt Season doesn't happen here, then I don't know when or if it'll ever happen again!

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Are of resistance highlighted by the diagonal line. What was once strong support is now (?strong) resistance). I don't imagine breaking the first try, but so many Altcoins look like they're ripe for reversal. Maybe it does break...

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Reclaim of the lost trendline. Guys, alt season is in full effect. There will be bumps along the way. HOLD your strongest ALTs, take profits along the way if you desire. Do not fully exit positions. The pumps will be higher than what you can predict. (LUNA has been insane for me). Most non-experts cannot out-trade a bull market. Myself included!!

Comment

Sometimes I do things correctly. Being up to my knees in alts was the call :)
Comments
B166ERcrypto
There def won't be any kind of "flippening" any time soon. Billionaires have adopted Bitcoin as their baby.
walkin
@B166ERcrypto I agree with you, but the contrarian in me is asking if that’s just the narrative? I wonder...
B166ERcrypto
@walkin, You are a critical thinker and I like that trait in people! I have given this exact thing some thought. My conclusion is that yes, they are certainly using that narrative to pump, as they did in 2017. Underlying the pump, though, is the fact that this is actually happening. So I think it's both...it's happening, but it's happening more slowly than retail realizes, though.
cfsmsf8
Out of curiosity, how long have you been in the cryptospace for?
walkin
@carlosfrancosf8, I was part of the FOMO crowd Dec 2017.
cfsmsf8
@walkin, got it. Mate, we've been patient for 3 years, too early to call it quits. It's coming...
RevanParker
It'll come, Once BTC start going sideways everyone will see that you can make quick bucks by pumping smaller cap coins. But again , BTC has to go sideways in order for that to happen.
cryptololo33
You are right. It is now or never!
BTC.D is at 72% resistance. Either it is rejected and it is altseason, either it goes through and alts will souffer more.
Place your bet. Coin flip
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