FudBox

Head & Shoulders Top for Altcoins | TOTAL2

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CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
I "think" there might be a head & shoulders top formation here for the broader altcoin market (minus BTC). I know the marketers for BTC are pulling out all the stops to keep BTC going as it's near the end of a Wyckoff distribution pattern. As you know, as BTC goes, so goes the market so inasmuch as TOTAL2 does NOT factor BTC, it still has a massive marketwide impact on altcoins. Would love to hear any theories on this.
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Apologies for not staying on top of these but I'm sticking by my bearish stance on the alt coins. We may continue to get bumps along the way but so far the market is giving us the big middle finger
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