Earlier today we reached marketcap levels matching that of the pre bull run in November 2017. This is both good news and bad news. Good news is we can all buy all those Crypto’s we felt we missed out on, but the bad news is it might be a while before they rise.
Why? Well there are plenty of bag holders from the last bull run that are itching to sell, and as soon as a palatable price emerges they will be dumping. So we will be in a perpetual state of dumping until the weak hands and uninformed clear out.
So in short we will have a lot harder time seeing massive Gains as there are plenty of people ready to suppress. If you are here for the long haul, prepare for a battle as it won’t be pretty rising back to the top.
