So after holding alts for the past month and getting pretty much rekd about 30% in the btc ratio you gotta ask yourself - what the fuck am I doing wrong?
Well, I don't know the answer to that question, but I thought I should at least try to backtrack and learn from my mistakes and look for an explanation..
My only theory is this - big fucking ugly ass whales have sold their alts to pump the big B through the 6k resistance or something along those lines. Once the 6k is broken and after it becomes support my theory is that they will buy alts at a 40% discount and have a good laugh.
But then again my theory goes to shit when you take a look at the btc volume. There's not thaaat much volume to justify a selloff in alts at this level.
So, to be honest I don't really know what the fuck is happening. Maybe someone has a better theory that could help me stop losing my sats..
Anyways, let me know in the comments below.
Also, remember to smash that follow button or I'll smash your mother.
