BH2424

$BTC - Back to $10,000

Short
GEMINI:BTCUSD   Bitcoin
Sorry, i hate to bring the bad news. From my last 2 bull Runs here's how it goes. Obviously not financial advice!

BTC runs to a point its way to high on RSI, popularity picks up only when its already overbought, people move into solid alt coins looking for a buck, BTC and Solid alts run up at same time.. like LTC, ETH, NEM, XRP... People see them go up a bit vrs BTC, dump their btc and new alts for more exotic alts but still decent following, $Trx, $ETC Classic, $Stellar, $SIA, $NEO which have a use case, but not usage lol!!!! They go up a bit, people start liking decentralized exchanges which have usage but not that great, no volume, boring, people move into exotic things, last time it was like AirSwap and Decentraland, POW coins you never heard of, POS coins you never heard of... then it just gets Nuts people trading CryptoKities, and Digital Land.... (this time NFTs)... then everyone piles back into Bitcoin "to save them and bitcoin maximalist laugh" which we saw last week when it went to 45k... back up to 52k.... Musk on SNL, By now all the Alts have pumped and are dumping, everyone is headed back into BTC, BTC the one true king, but its too late its already turned over on the RSI/MACd.... no where to hide except the dollar and the bird dumps. $BTC will be back its lived through wars, splits and i have heard it all. "Its too slow", "It wont scale", "Too much energy", "The miners will quit when no more rewards"... blah blah blah. $BTC is the best, but its time for a rest.

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