Crypto Direction For Years
Everyone expects btc 100-250k and an insane Alt Season.
I hold a few altcoins but 50% of capital is in cash, and here are the reasons:
- If we get rejected at 750-770 bln area on Total Alt market cap, big trouble ahead.
- SPX and Nasdaq are overstretched, so interest rates reduction in case they come this year, might repeat 2008 scenario and be a bearish sign instead of green.
I've circled 2 zones if this circus manipulative show doesn't go ultra bullish.
I hold a few altcoins but 50% of capital is in cash, and here are the reasons:
- If we get rejected at 750-770 bln area on Total Alt market cap, big trouble ahead.
- SPX and Nasdaq are overstretched, so interest rates reduction in case they come this year, might repeat 2008 scenario and be a bearish sign instead of green.
I've circled 2 zones if this circus manipulative show doesn't go ultra bullish.