Long

Potential Scenarios...

So after going over many charts I'm of the belief alts have been front running BTC in fractal nature - this could mean BTC has a lot more downside in the shorter term (purple plot) or the other takeaway could be that BTC has done a really shallow retrace before getting ready to blast higher (white plot) - no matter how I slice it the end result looks to be prices going much higher and a big upcoming alt season looming - market will no doubt do it's best to shake out uncertain bulls right before blasting higher - many Bears are sold on the fact that they shorted a top at 70k~ levels and think it's all over...I think this view will be short lived and squashed later this year leaving many pessimistic market participants bitter and resentful more than they already are.

Swoop6

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