I can currently tell you with great certainty that Bitcoin is in the extreme bullish phase of the seventh wave of the bull market.
Altcoins are not rising but falling. If you cut your losses, you will be fooled. All my spot holdings are in profit, and the only loss is from the new coin ME below the cost of 3.9, which is an acceptable range for ME's decline.
I estimate that many people have never seen a scenario where the moving average drops three times or even ten times, with all futures leverage long positions being liquidated and spot assets shrinking by 90-99%; this is the famous '94, the 312 Great Earthquake in Chicken.
We are still in the extreme bullish suppression of the seventh wave of a great bull market. Altcoin long positions in spot are safe before Christmas!
