@kit_sats Could be true for long term 10+ years holders.
But if you plan to sell it in the next 2-3 years then it’s not that true.
At the moment nothing indicates I’d need to buy any of it at this price.
@RoundtableSpace Bottoming is a proccess not 1-2 candles down. It takes time no matter IF the candle reached the absolut cycle bottom or not.
See 2022 bear market bottoming.
@alienops My problem with alts is like there are thousands of them. 99.9% with no use case at all. Pumpfun shit.
Retail only got rekt by touching them.
We should get rid all of them so liquidity could flow back into btc and have more fun.
Personal view :)
@ShibSpain The only relevant macd on your screenshot is from June/July of 2022.
The others are irrelevant they are in the last bull market.
And if you check the autumn of 2022 where we bottomed you can see that we have some more time to bottom this bear market too.