if we get pull back the current alt pumps will foreshadow the dump by a few mins/hours imo, if we see strong pullback alts will dump first followed by people going to BTCUSD and then having it dump. 2 things. btcusd will pump when there is - no supply on exhcnges - funding paying shorts while we are rocketing up - ppl stuck in alts hodling praying alts go...
just took a few mins to mark some old past reversal dates. dunno. unsure. discuss.
blue for certain dates red for bottoms around those dates uber bearish as many alts are
King Bu and other dudes who just keep shorting higher, well. this is one big reason. they just keep looking at vol up and down with or against trend and it screws them, and many people over. this is just a highsight, "look what it did" because i keep seeing the same thing over and over and over on twitter from bears. You do too.
some thoughts, no real bias up or down, been flipping alts, $xmr $bnb moonage $loltc soon $yfi boucne to 20-23k baby!
similar to the $bnb chart i made couple months ago same setup. sweeps lows out, comes back into range on higher TF. bake that turkey.