Bullish days are fun...

in charts •  13 hours ago 

So, I was expecting Bitcoin to hit $100,000, but instead, the altcois have started their crazy rally while Bitcoin is moving sideways. Do you know what that means? We are in for extreme volatility in the next coming days. If Bitcoin continues to move sideways, the alts might go really up. If Bitcoin finally breaks through $100,000, you will see lots of money flowing into Bitcoin (from altcoins), so the altcoins will drop, and if Bitcoin drops bigtime, then people will panic-sell altcoins to take profit. All in all, crazy volatility coming up, and I am first of all nervous about what Monday morning will bring along. I do expect there to be some sort of reaction, either pump or dump... what I do not expect is nothing special.

So, it is getting harder to concentrate on other things as crypto takes up a lot of attention... but that is probably nice after a very long time without so much fun and action on the crypto charts!

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