Ok, so sentiment is very low and SHORTS are increasing on Bitfinex BitcoinShorts chart. As usual, the herd follows the sentiment and usually gets rekt. I believe bitcoin is going up, and I posted a previous chart showing a long entry which was hit. I don't believe the best return is in bitcoin, I actually prefer DASH. I do think bitcoin is going to $61,000 once more before full blown bear market kicks in. During this time that bitcoin retraces back towards $60k's, i expect the lagging altcoins that are considered dead, BCH, XRP, DASH, ZEC, Eos etc to go on monumental, short lived bull runs.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.