While everyone is looking for a rally to the moon before halving, this is the time to look for bearish entries. Thanks to the whales and market makers we keep seeing these pumps. Just as you would dollar cost average your long entries, it may be the perfect opportunity to dollar cost average your short sell entries.
Ethereum is very unlikely to be the second largest coin during the next uptrend, if there is one. Please be warned that the next downtrend will not be the same as anything we have seen before. A major trend in Bitcoin dominance is about to reverse. The sole reason we saw all sorts of sh*tcoins rally in 2017 and onwards was because of a sharp decline in Bitcoin dominance. If you take a look at the BTC.D chart, you will notice that the trend is about to reverse and sh*tcoins are headed for the maximum pain scenario in the months ahead. I will not be surprised if most of the useless altcoins go belly up during the next downtrend. Stay safe, folks!
Ethereum is very unlikely to be the second largest coin during the next uptrend, if there is one. Please be warned that the next downtrend will not be the same as anything we have seen before. A major trend in Bitcoin dominance is about to reverse. The sole reason we saw all sorts of sh*tcoins rally in 2017 and onwards was because of a sharp decline in Bitcoin dominance. If you take a look at the BTC.D chart, you will notice that the trend is about to reverse and sh*tcoins are headed for the maximum pain scenario in the months ahead. I will not be surprised if most of the useless altcoins go belly up during the next downtrend. Stay safe, folks!
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Taking some profit here. Might re-enter more shorts north of $260 again.
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Will reenter shorts above 300.
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Most of the comments here should be your reason not to listen to the "crowd" ever again.
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Taking profit here. Re-enter above 200.