#Altcoin
to be honest. This chart looks scary to me .. it is the chart of total altcoin market cap and it is showing a descending channel which usually is bullish. However, the chart hasn't completed its move to its lower support which means there may still have downward move and alt season hasn't begun yet... or the chart has no plan to test the bottom support or what? But if BTC falls from here back to 76k, this channel could complete its bullish pattern which will yea make Alts bleed. So Be cautious... at least, not get rekt... Put stop Loss and don't get euphoria on this rally.
Or maybe its the completion of double bottom and from here Alts go up only? we gotta wait and see...
#Altcoin #Altseason #Cyrpto